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Message: Re: Cliffs Upgrades or Downgrades- Carry
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May 10, 2010 09:52PM

Is the volatility based on market conditions or some other fundamentals? Given Q2 earnings, the medium term outlook is very bullish. Earnings estimates for next year should put strong upward preasure on sp after Q3. Current market cap. seems pretty attractive compared to some of the other base metal miners.Your comment regarding the Yaun makes sense and will ripple accross many industries. Changes the valuation game for many commodity suppliers and definitely makes a case for a stronger CDN $ from a resource perspective

I can't help but wonder when ......not if........someone takes a run at this.

imo..........carry

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