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Re: Democritus_of_Abdera post# 3041

Thursday, 06/30/2011 8:40:38 AM

Thursday, June 30, 2011 8:40:38 AM

Post# of 30493
Thanks, DoA. The exchange you cited from CLF’s webcast makes CLF sound unduly conservative, but such is not the case, IMO. CLF currently has a very full plate with expansion of the Consolidated Thompson production in Quebec, development of chromite in Ontario and coking coal in Queensland, and repairing the US coal operations.

I’m surprised and somewhat concerned that management is taking on so many projects at the same time. CLF is a small company, but management clearly likes to think BIG.

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