this is not a positive for CLF. Rio Tinto is a much more diversified miner with a much much lower cost. if iron ore is $42/tonne lower in 2017, you better pray that either, 1.you still don't own clf or 2.someone comes along between now and then and buys CLF.
excellent, informative, and helpful to me as an owner of Cliffs shares. I wish all posters would be as intelligent and considerate as you were right here.
support? this is the look of a company going out of business. there is no support. time is running out and this company will not survive low met coal prices.
here it is. new scrips for tecfidera were down 4% for the week ending 2/28. who knows if any of this stuff is true. Deutsche bank said revenue for tecfidera for the qtr tracking higher than estimates.
note out from Deutsche Bank that says tecfidera tracking higher than estimates. a note from Leering (?) says something else. Seems the note is not that positive even though I don't understand what they are saying. of course the mkt takes the negative view.
this company always seems to be facing headwinds, not only pricing and demand issues, but often, geographical issues because of the areas of the world where their mines are located. it is very apparent that many things need to go right in order for FCX to make a sustained move higher. today's news is just another example.