Like so many on here, I would like to thank everyone for their insight and DD on this stock.
It's been an invaluable source along with all the other homework I did. This wasn't a bad investment, we just got screwed without being kissed first. All the elements were their for an early retirement package.
Sad to see it come to an end like this, but I remain true to the ROF and will now re-invest into another possible target in the area. FNC ? UC ? KWG ?
Cliffs does like to offer what they call, a "premium" on what the shares were trading at at their lows (not near what they are worth though) so if we invest wisely, we can still make a lot of money on these companies as Cliffs tries to pick them off, 1 by 1. Unfortunately they already have the control they needed for this area.
I believe, as many of us do, that KWG is going to be the next victim on their garage sale agenda. Unfortunately they will take the lowest KWG SP from the last 6 months, offer a "premium" and candy coat it to make the ignorant believe it's a great offer. They absolutely need the railroad claims, so let's not let them steal another one,...... please ?
see everyone around on the other threads. I will fight just as hard to stop Cliffs on their next quest.
I will re-post my Eulogy that I did a while back for FWR, as a reminder and warning to the unwise.
Drew2222
