Cleveland Cliffs Inc (CLF)

[Saving Grace]

Check this out.

Here are some other companies in the mining space you may want to consider as our model shows that these have the right combination of elements to post an earnings beat this quarter:

Cliffs Natural Resources Inc. CLF has an earnings ESP of +20% and a Zacks Rank #2.

Cliffs Natural Resources recently completed a pilot project at its Northshore Mining plant in Silver Bay, Minn., that successfully produced 30,000 tons of specialized pellets that can be used to make direct reduced iron. The Iron Range Resources and Rehabilitation Board gave the company a $1.6 million rebate for the pilot project through its Mining Reinvestment Fund.

http://www.mprnews.org/story/2015/06/24/taconite-mn

We have re positioned ourselves and it's game on. While tons of fat was shaved this quarter, all non producing positions and public relations.