Thanks RL.

"The implementation of our new strategy centered on the US iron ore business has successfully started. With that, we are very pleased that our newly reconstituted Board of Directors has agreed with our conviction that, at this point, the best use of our capital is to invest in our own business, our people and our assets by buying back Cliffs' common stock."

Reading between the lines: Cash needed urgent! No more acquisitions until at least 2016, rather divestment of property not directly related with US iron ore business... (Trying to dig deeper behind these lines: "Canadian Chromite for Sale! Anyone?")

I'm I reading OK?

GLTA.