Hi Goldhunter,
You may be right. We all remember too well what the runt Warren Irwin and Rosseau Funds did to Noront when he didn't get his way and get his boys on the BoD at Noront. And that's a good enough reason for me to be wary of any of these Hedge Fund types because they'll do or say anything to get what they want.
Not saying for a minute that Cliffs BoD and management are squeaky clean and making the right decisions but I would be worried that if the Hedge Fund conquers Cliffs, who's next.
No disrespect intended to anyone, but I guess I just don't trust greed because it only benefits the few.
strato