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DewDiligence

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DewDiligence

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Re: Saving Grace post# 792

Tuesday, 03/10/2015 6:40:51 PM

Tuesday, March 10, 2015 6:40:51 PM

Post# of 8799
None of that oversupply of iron ore in the seaborne market can replace CLF's ore in its US segment because the freight cost makes shipping ore from Brazil or Australia to the Upper Midwest prohibitively expensive.

By the way, the CEO's name is Goncalves (not Concalves, as you posted). If you don't even know the CEO's name, I doubt you know much about CLF.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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