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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Message: Cliffs
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WoW, some of the analysts are brutalizing Cliffs and even saying the sp is worth as little as $1.00

What a time for some larger player to take them out.

This quote is in the news.

** CLIFFS NATURAL RESOURCES, $18.28, down 14 pct (0933 ET)

Morgan Stanley downgraded the iron ore and metallurgical coal producer's stock to "underweight" from "equal-weight", citing an oversupply of iron ore in the Great Lakes region in North America in the coming years which will lead to a cut in the company's production and price.

"As the only non-steel making producer in the region, we believe CLF will be most impacted. US Iron Ore segment EBITDA could halve vs. 2012 levels," analyst Evan Kurtz wrote in a note to clients.

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