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: OUCH !

Apparently some out there say buy CLF stock? But why ? Anything but good advice if you ask me. The stock looks as if it is going to end up being sold at the dollar store.

Cliffs Natural Resources Inc. (CLF)

Cliffs is the largest producer of iron ore pellets in North America and a major supplier of metallurgical coal. The Ohio-based company sports a Zacks Rank #2 (Buy) and has delivered positive earnings surprises in the trailing four quarters with an average beat of 271.18%. It has an expected long-term earnings growth rate of 5%.

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