Furmint
12 Dec 2014
Re: Can the share price go much lower? I think we're in uncharted territory and it's scary! Supposedly, commodoties have a finite supply yet the current pricing indicates they'll last forever because the world economy is so on its knees it will never be able to consume them. Could we really be experiencing the last days? As for ZIOC, the relentless fall in the SP has been on very small volumes - I can't believe the SP hit 4.75p today. But if no-one wants to risk their capital then ZIOC could go even lower. Admittedly, they're in a subservient position to their Major Partner but I'm hoping a decent deal can be done - surely the biggest iron ore project in Africa is worth buying?
HPC Follower
12 Dec 2014
Can the share price go much lower? If the share price drops much more, the company assets and expenditure to date will be deemed to be of negative value...Current market prices of many small cap stocks, like OEX, are just ridiculous.Can't sell below 6p a share... just have to wait for markets and the price of iron ore to get back to realistic (price to replenish stock) values sufficient for ZIOC to actually implement their production plans.
spotyplonka1
03 Dec 2014
Re: Couple of interesting Articles Another year, another wrinkle...gla..
