Replies to post #14720 on The Rising Influence of Rising Affluence

[jbog]

Where do you think CFL sits as far maint, improvements, etc in the future. I'm sure they cut many things during their bleak years.

tks

[beigledog]

CLF is a dog and the CEO is a whacko. It's a high cost player in a industry near the top of the current cycle. I think it's a short.

[DewDiligence]

CLF 1Q17 CC transcript:

http://finance.yahoo.com/news/edited-transcript-clf-earnings-conference-124158792.html

[DewDiligence]

CLF 2Q17 results—2017 EDITDA guidance lowered to $650M (from prior guidance of $700M):

http://www.cliffsnaturalresources.com/English/news-center/news-releases/news-releases-details/2017/Cliffs-Natural-Resources-Inc-Reports-Second-Quarter-2017-Results/default.aspx

Net debt by year-end 2017 will be <$1B, according to today's PR and CC.