Iron ore price pessimism overdone as miners dig in for long game

Iron ore price pessimism overdone as miners dig in for long game. DON'T get too gloomy about the falling iron ore price. While economists and politicians fret, the sliding spot price, now at 20-month lows after falling 30 per cent this year, has had no discernible effect on the confidence and intentions of the iron ore majors in most resource stock portfolios. Read David Walker of StocksinValue's full article from the The Australian (VIEW LINK)