Replies to post #2455 on Cleveland Cliffs Inc (CLF)

[greasemonkeyshoes]

For clf shareholders...
It is a consolation price if you bought the chprf shares.As you look back,clf(under last CEO,excluding the short timer ceo) had dropped $1.8 billion dollars(cap-x) just on this site alone,excluding losses incurred by the local government..........
The bottom line:
Is the super commodity cycle not dead and just a hiccup? If not,its rise(for the Jr.) has shown a lack of confidence on all fiat currency??Or just simple manipulation???A ten bagger in the making: You get the chance to decide on chprf..
My favorite articles on clf bloom lake and its new owners:
http://cfcanada.fticonsulting.com/bloomlake/docs/Bloom%20Lake%20and%20Wabush%20-%20Teaser.pdf
http://www.globalminingobserver.com/okeeffe-buying-opportunity-labrador-trough-108
December 2014:
Shares in Champion last traded at A$0.17, valuing the company at A$34m ($29m).
At today's price of 60c usd:
..valuing the company at 100 million or 5.5% of clf's investment.oooouuuccchhh for the clf shareholder.wooooowwwww for chprf share holders.