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Do you believe the world will increase or decrease the need for Iron Ore?  If your belief is the world will increase the need for Iron Ore, this is a buy and hold type stock.  The infrastructure that FMG is putting in place will create a mechanism to supply Iron Ore for many years to come.  Start-ups for new mining companies of this magnitude do not happen all of the time.  Since my belief is that the need for Iron Ore is going to grow greatly, I am hoping that FMG will be bought by BHP, Rio Tinto, or Vale as they have greater lease holding than any of these companies.