Cliffs is down over $5.00 or almost 7% today...anyone have any news about why! IMO it was already on someone's radar for take-over...wonder how low it has to go to tweek the interest of a potential buyer...next support level is around $70 ... might bounce...could be on its way into buy-out range...discussion = what would this mean for KWG, DDI and CCC, given that the take-over company would most likely have pockets 10 to 15 times deeper than Cliffs as well as the knowledge and capacity to develop a project like the ROF...oh! it just bounced on $70.25...low volume re-test ot maybe the MMs are just playing with it...intelligent opinions as well as WAGs are welcome...it's a slow day anyway.

Good luck to all KWG longs

LP