Cliffs Natural Resources (NYSE:CLF)

http://www.gurufocus.com/stock/CLF Tangible book $30

Way undervalued

Undervalued

AQ target, if not defiantly deep value.

Gotta turn around sometime.

didn't strike rlt till 21.65 fearfull at 19.50 now I will have to wait till it recovers and moves up again.But still a great entry point for a lonely fool like me.

Will rebound sooner than later. CLF is a victim of the markets overreaction to commodity demand.

market overreaction to Gold bringing this stock down to ridiculous levels. Patience is a virtue moving forward (although I'm sure many have thought that months ago.)

Once the global economy gets going, this co. will get a big lift.

BB haven

Low P/B, is down 70+%, is priced at its lower limits

commodities

This company is too big of a global player to not catch the upswing as it happens. Prolonged delay in infrastructure maintenance worldwide will dictate capital spending irregardless of economic conditions.

Deep value play

At current levels Cliffs is a buy. I agree with JPM that the negativity around iron ore, China growth, and North America are overblown. It needed a good lesson and got one, but they threw all issues in during the last quarterly earnings call. It won't be straight up, but it's time for this ship to stabilize and move up.

good company, just beaten down from the market and changing commodities price

I hate to catch falling knives, but at an earnings yield of less than 10 for next year and a dividend over 2%, this can't drop much further...I expect the dollar to weaken fairly soon and that bodes well for commodity producers of all types

Buying fear

CLF has been hammered and the shorts have piled on. They will have expanding volumes and margins with Bloom Lake starting next year, Iron ore prices have shown a great divergence from the price of CLF which will be corrected. Indian exports are finished and demand in Southeast Asia will continue to be strong. The balance sheet and free cash flow has been cleaned up with the paying down of some of their debt and a cut of the dividend. Coking Coal and Chromite will also become more integral to their success in the coming years and those markets remain fairly healthy. I'm not talking about a full recovery to the $90 level they say in 2011, but $40 would not be a stretch at all.