We have seen many commodity orientated trends over the last few years, ie a period where a specific commodity becomes so attractive that you get a band wagon approach of companies participating in it, ie Uranium, but also Gold, Oil, Zinc etc etc
Well Iron Ore had a good run this time last year (MIS/POL) and I feel that given recent price increases (RIO/CVRD 19%) Iron Ore is set to take the stage again,
Supporting my views are the fact that out of the blue, CBH resources has announced divesifying into an Iron Ore Project, hmmm Zinc/Silver/Lead, soon to add Copper, Take Over to add gold and now wants to add Iron Ore?
Also Strike Resources, which was meant to be a Uranium Play has diversified into Iron Ore,
I think this is just the begining and before long we will see Iron Ore stocks rocket like we saw with Uranium,
JMS is so well poised to be re-rated, and its adding to its Iron Ore portfolio, given that drilling results of Mt Mason(Sino Steel JV) will be out soon (2 weeks) this is one Iron Ore stock to definately watch!
There are others but be careful not to invest in any old stock,
AQD seems good as it has RIO backing, MIS also good as it also has Sino Steel JV
But I can't go past JMS,