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Cliffs Natural Resources Inc. Message Board

  • freecycle168 freecycle168 Mar 19, 2013 7:48 PM Flag

    CLF down with price of

    John Wilson, senior portfolio manager at Sprott Asset Management, has this to say on BNN TV 'Market Call' program today:"Fairly high cost producer of iron ore. What you want to know is the price of iron ore. There was a sharp selloff on iron ore last year, recovered somewhat and recently had a high of $150 on the view that China was rebounding. It has now are rolled over and is at about $130. It has to be at least $150 for this to make sense."
    The video is available on BNN.CA "Market Call : March, 2013 : March 19, 2013 : Part Three [03-19-13 1:50 PM]"
    This is the third time I try to post. Is Yahoo Finance censoring?

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