Hi ASXIOU

Yes someone did some careful buying on IGO today! JBM nearly $7.00, wow! MCR steady, on reasonable turnover.

The Super Cycle - this should be the biggest of them all, this is only the begining phase., that's my view.

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Non beleivers please read the latest Resource Stocks mag - and make your own view

Small extract as follows -

Goldman Sachs, is predicting a rapid economic expansion until 2050, not only in China, but also Brazil, India and Russia, a fast growth grouping he dubbed the BRIC economies.


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Just another example!

India's Jindal signs stainless steel plant agreement

Metals Insider - 13 June 2005

India's Jindal Stainless has signed an agreement with the government of the eastern Indian state of Orissa for setting up a 1.6 million tonne-capacity integrated stainless steel plant.

The project, to be located at Kalinga Nagar would also include a 500 MW captive power plant, the company's vice-chairman and managing director Ratan Jindal told local reporters.

The project will be implemented in five years and in two phases.

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