"If Casablanca mounts a proxy battle and gains control of Cliffs’ board, one can be sure that the company’s chromite assets will be sold off."

Anybody thinking that Casablanca will lose this proxy battle? Frank Smeenk has probably forseen this unlikeliness and he certainly questioned himself on who would be the buyer. I am sure that he will want our Big Daddy share to "tag along' with Cliff's 2/3.

The ride ahead should be exciting guys. Be sure to buckle up!

GLTA.