Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Brian Sullivan who wrote (47707)	5/2/2012 1:25:09 AM
From: Spekulatius	1 Recommendation Respond to of 78717

I own some Posco and prefer it over MT. Both are cheap. I am thinking that the upside for CLF is higher because iron ore is more of a constraining resource than steelmaking capacity. Posco is supposed to be a low cost leader and they have a very strong balance sheet. 3rd Avenue likes them and wrote about the stock in their quarterly newsletter.Posco did have mixed success to venture into iron ore ventures (to become supply self sufficient), which is a negative.