Re: How big can the chrome deposit be?
in response to
by
posted on
Aug 12, 2010 01:05PM
Cliff's must buy if they are going into the North American Chromite Supply business. They certainly wouldn't want a competitor taking 50% of the North American Chromite demand away from them. A large miner might buy Probe just for leverage later on against Cliffs. But this time Cliffs bring the big check book! The one with the overdraft protection because you are going to need it!