By the way if the US operations are the only operations making money then would it be smart to reduce the global footprint and operate only in the US? What a mind blowing thought.
Is between $30 & $35 per ton.
Shorts have borrowed shares from long hedge funds. Cover should not be that difficult.
There is a massive dichotomy emerging between the fines price and pellet prices. Maybe you should do a little homework before you post. You sound like a reject.
According to info mine. March fines averaged $58/ton while pellets averaged$87/ton. If this price holds CLF should make over $400 million this year.
Did you know that chromite is often associated with PGM metals. The Ring of Fire is actually quite high in palladium and platinum.
With a dividend like that my investment at $5.43 will double within five years and if I include a DRIP plan it will be a double machine. Sell the properties.
Don't be greedy sell the properties and hope the proceeds cover the debt. I will take a $30 stock that offers a $1 dividend all day long!
I don't know either way but this stock is at the top of its Bollinger band, Money flow is increasing rather dramatically, relative strength is increasing, the stock is stubbornly staying above its 50 day moving average. All technical indicators are pointing to a break out. If you don't believe me look these things up. This stock looks good all of a sudden.
Canada is for the people not the investor. Ask Target, Palm, Blackberry, and all the countless junior miners that fail. Stay away from Canada. They are a cheap country!
Something Halverson never was and something Carabas never was. This company made billions of dollars for 5 straight years and investors never got a penny. Goncalves will change that. Sometimes bigger is not better.