Cleveland Cliffs Inc (CLF)

[Saving Grace]

No doubt and will continue.

The big miners are putting the squeeze on during a meltdown to drive out the smaller miners.

http://ih.advfn.com/p.php?pid=nmona&article=66186934

Cliffs cost to produce already exceeds pricing per ton dramatically now costing CLF to mine ore.

Cliffs is laying off 500 miners at the end of the month shutting down the empire.

http://www.myuswlocal.org/sites/us/6860/index.cfm?action=article&articleID=c59799d7-eb37-4085-8ce2-533bfb707919

http://seekingalpha.com/article/2939006-iron-ore-is-the-time-right-to-get-on-board