WOW....this chart is pretty!
http://stockcharts.com/h-sc/ui?s=CLF&p=W&yr=3&mn=0&dy=0&id=p52041273809
I started buying in aug 09 at market and then added to my position with the FWR takeover.
I can't believe the ROI for a strong, stable old economy monster like Cliff's.
The management is shrewd and purposfull.
Some people who owned FWR claiming it was worth billions have somehow not grasped that if those billions actually existed then they didn't dissappear with the takeover! the billions were a gross exageration but the resource is real and it is on our balance sheet.
With a share price this strong M&A is always part of the immediate future....copper?....gold?
And takeover targets are plentifull.............if we don't get bought out first.
Can you spell .....V ......A.......L........E
Just kidding!.......................Carry