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Strategies & Market Trends : Value Investing

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To: Grommit who wrote (47851)5/9/2012 10:06:08 AM
From: E_K_S   of 78802
 
Cliffs Natural Resources Inc Co (NYSE: CLF)
CONSOL Energy Inc. Common Stock (NYSE: CNX)

Hi Grommit -

Good to know that you find CLF of value. I own CNX that has similar coal assets but also owns NG assets that are being jointly developed by Noble. I like that CLF pays a higher dividend (4.5%) and is diversified in Canada and Australia.

I was going to add to my CNX at 10% lower price but I think now I will buy a starter position in CLF. CLF sells 45% below it's GN value of $80.66. I have a GTC order to pick up a starter position at $50.42/share. Will add more shares if it trades down to it's 2011 low around $46.

CLF is a pure play in coal and a good addition to my other natural resource stocks.

EKS
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