Yeah now that many of the macro concerns are gone, the CLR share...

Yeah now that many of the macro concerns are gone, the CLR share price was always going to move back to pre-crisis levels. The high levels and aggressiveness of the movement up suggest to me that CLR may be in play. It seems almost likely now, considering that it was only 6 months ago that NMDC was openly in discussions with CLR, and was quoted as beng regarding a take-over for a share price between $1.1 - $1.5.

http://business-standard.com/india/news/nmdc-to-acquire-two-coal-one-iron-ore-mine-abroad/463791/

Now they can start the bidding process at a 50% discount to those numbers. Interesting times for shareholders guys as I can sense this is going to sky rocket.

I am the Iceman!