Cliffs has lots of CASH

HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Gramps1996

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Cliffs has lots of CASH

posted on Mar 14, 2009 10:53AM

Cliffs Natural Resources Inc. Reports Fourth-Quarter and Full-Year 2008 Results
2/25/2009 5:13 PM - Business Wire

Full-Year Revenues Increase 59% to a Record $3.61 Billion, with Net Income of $516 Million, or $4.76 Per Diluted Share

CLEVELAND, Feb 25, 2009 (BUSINESS WIRE) --

--Cash From Operations Increases 195% to $853 Million, from $289 Million in 2007

--Company Begins 2009 with $179 Million in Cash and Cash Equivalents, Approximately $750 Million in Available Liquidity and Strong Outlook for Cash Flow in 2009

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