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Cliffs Natural Resources Inc. Message Board

  • fritzdutchrio fritzdutchrio Apr 16, 2009 3:33 PM Flag


    speech today said we can become independent of foreign oil burning our OWN coal.. just a matter of time before this stock flies.
    also China stimulus will boost steel output.
    strong buy dont be left behind

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    • Obama needs to get the federal government to impose strict efficiency standards of energy use in America to truly get us off foreign oil. Electric cars, hybrid cars, reduced emissions cars, CAFE standards twice that of today. These things will get us off foreign oil. First increase efficiency while using foreign oil reserves, then after meeting these goals, tap into local oil reserve with goal of stretching the reserves for three times current use to supplies ratio. Sell local oil reserves for $140 a barrel, but with better efficiency maintain current wage to money spent on transportation ratios.
      This is all feasible within the next 5 years.
      Coal and other energy products and sources are available now.
      Reduced use of oil is available now.
      We don't need to stop using oil and coal, we just need to use them more efficiently and make more money per ton, barrel or unit of CO2

      CLF is not in energy production coal, it is in metallurgical coal, but it could start producing electricity as a profitable byproduct of coking via technology.
      The answers are out there and profits will be made with them and a change in policy and public thinking.
      Is the American public educated enough to see the answers or has it been dumbed down too far since WWII?

    • Don't waste your time pumping this stock. It trades just like the steels. Except that on Monday the company came out with bad news so they demoded it a notch. So now we keep trading just like steels, but a step below. It sucks.

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