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Re: DewDiligence post# 1108

Monday, 11/02/2015 12:53:50 PM

Monday, November 02, 2015 12:53:50 PM

Post# of 8749
Exactly, but either way, I don't believe or even consider it an option at this point as Gonclaves stated.

You know me, as I didn't support him at first as I presumed a different strategy that never materialized which I admitted too and I had the guy pre judged to completely dissolve Cliffs as we knew it. I was wrong and so was a whole mess of hedge funds about Cliffs direction.

It's no secret that CLF's was shorted heavily to hedge against the bonds with a whole bunch of published what ifs that never happened and they are now understanding that CLF is going nowhere but up especially tapping into a whole new segment serving DRI markets.

I'm telling everybody to load up on CLF and hold for 2 years and see whtcha got. This is a no brainer.

The same tariff crap already happened exactly like it did in the 80's when CLF hit an all time low. The same cycle with the same tariff crap is all this trend is all over again. When the past is looked at and considered, we are now coming off of the same bounce that was fabricated back then when they also had a hostile takeover threat that failed. The 50 year chart would have a double bottom bounce with all of the same bells and whistles going off in the world markets as before.

Remember the "Stand Up For Iron Ore" Campaign of the past? The same thing is going on right now with the same exact excuses for the reasons why. Trade sanctions. Now union contracts have to also be dealt with like before, but now the right to work puts a different spin on it all together and the miner knows it.

This cycle has happened before with the world leaders calling the shots and like before the rebound was dramatic. History is repeating itself and those who know also know this is where you can buy money with a little patience.

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