Cleveland Cliffs Inc (CLF)

[Saving Grace]

What on Earth are you talking about. Lorenco was crystal clear at the brunch held at the Holiday Inn right before the 3rd quarter began and the Nasdaq reported it. I was there! Where were you?

When he was questioned on it, he answered stating the plan was implemented and will follow through in short term.

ZACKS reprted it with the headline, "Cliffs Natural (CLF) Q2 Earnings: A Surprise in Store?" In store means the future, not the earnings beat.

There are no phantoms and disservice coming from me. I go to the meetings on the iron range, I'm there! I have never seen you at any of them. Disservice?

Lorenco warned of the wolves wearing sheeps clothing.

Cliffs is in the process of boosting its mining and transportation capacity globally. The company will also benefit from its pellet-supply contracts with its iron ore customers in the U.S., which will help it to mitigate the impact of fluctuation in seaborne iron ore pricing.

Cliffs has implemented a strategic capital allocation plan to ensure the optimum utilization of cash. It is focused on providing maximum return to the shareholders by way of dividend distribution and share buybacks, while maintaining its organic growth pipeline.

"Boosting its mining and transportation capacity globally" Guess what,they DID! did you read my post about reports from Boat Nerd! It happened, and anybody can verify that on their own if you don't trust it coming from me.

Do you think that he just stopped with his strategic plan, I don't, especially when he said it right to my face.

Many will miss the boat if you're not paying attention to what is really going on and that's just the way it is and will always be.

Read more: http://www.nasdaq.com/article/cliffs-natural-clf-q2-earnings-a-surprise-in-store-cm654955#ixzz4NY2v481O