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Cliffs Natural Resources Inc. Message Board

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  • dgmc1999 dgmc1999 Dec 6, 2012 10:10 AM Flag

    clf showing signs of nice bounce up here

    it is reacting to the WLT rumor of a buyout from BHP.

    WLT is in the metallurgical biz, similar to the small tonnage that CLF mines.

    nothing more than a knee jerk reaction. WLT rumor not getting any traction, as the rumor is for $55/share which is a HUGE premium over WLT recent price.

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