CLF: It's the iron ore assets that everyone wants and that will run into the greatest regulatory problems. I have been continuing to build a sizeable position in CLF (especially after it's recent weakness). I think it will be the big winner in the metal arena this year, both because it has the metals of choice (iron ore and met coal) but also because it will be a prime takeover candidate. Also as Cl001 has pointed out many times, US based miners are beginning to look increasingly attractive because their costs, revenues and share prices are all in US dollars.
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