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greasemonkeyshoes

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greasemonkeyshoes

Re: Swine Pablo post# 2749

Tuesday, 04/18/2017 7:10:44 PM

Tuesday, April 18, 2017 7:10:44 PM

Post# of 8661
A natural(free) hedge for clf as IO price falls...........
I believe the odds increase in clf's favor(for the $75 million liquidation bid in BK) as IO price drops
plus
http://www.businessnorth.com/daily_briefing/dnr-deny-mineral-leases-reject-essar-restructuring-plan/article_5cbe4850-245d-11e7-bd4c-6f74371132a9.html

"In addition I would add that 2% dividend to further bolster the SP" Pual
I believe this is one of the "black swan event" in 2017.

As stated in the past,LG's clf is supply-centric,pellets and new product;and self-financing(up to $500 million) and no threat to their core customers.Million dollar question: a growth company in the work??
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