HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Message: Cliffs selling $750MM worth of bonds

I seem to recall someone posting a chart of ROF market caps a week or so ago. I didn't pay much attention to it, because I looked at it quickly and it seemed to be incorrect.

Does anyone have a currently accurate chart?

I feel that Cliffs has an interest in probably at least two and maybe three of four companies here. With todays $750m financing, I wonder if they'd attempt to bid for two at the same time. I would not have expected such a move in the past, but then again, they did snap up that big coal company down the eastern seaboard during the middle of the SPQ situation.

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