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Re: DewDiligence post# 6547

Friday, 02/15/2013 3:27:27 PM

Friday, February 15, 2013 3:27:27 PM

Post# of 30493
p.s. CLF did not make it easy for shareholders to calculate the 19-21% aggregate dilution from the two financing transactions, which is part of the problem. As noted in #msg-84567391, I thought it was devious for CLF to schedule the 4Q12 CC before the financing transactions closed, allowing management to hide behind SEC regs in order to say nothing about the transactions.

In view of this kind of behavior, I fully understand why some posters on this board sold out.

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