give it a rest, page-103

Whether tony worked for cliffs or not makes no difference to the argument.
The natural investors, cliffs , gave it a pass when io was hot hot hot.
More over other io hopefuls within the same time frame have gone to be on to have a massive market cap, producing, taken over, etc etc.

In my opinion this stock has been a failure. They have no cash, and major insto investors are bailing out. Is Jpm CBa.
Iron Ore sector has boomed and now io spot price will go back to its long term price average price. That's an industry given. How low will it go I'm not sure but under $100 is certain.

Begs to question why tony with the ultimate cliffs connections cant get them to develope the project or Get them to fund it.
This is why I have never considered plv investment grade or a hold for the long term.

Sorry
IMO
Dyor
Gibba