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Posted by Jim Chapman
on 2/15/2009, 1:21 am
71.90.46.109
I was wondering how the LS&I was holding up and how the mines they serve have been doing recently. I am looking at several possibilities for some stock purchases and one of them is CLF (Cliffs) which is the parent company of the LS&I and the Tilden and Empire Mines.
I am also looking at some operations they have in Minnesota and other stocks related to those operations. I know the iron and steel industries are down right now, but I'm looking more for the long term rather than the short term.
How is the LS&I doing volume wise? Do they serve both mines or just one. If they don't serve both I assume CN serves the other one.
What other online traffic is there on the LS&I? I assume it isn't much.
How does the future look for those mines in terms of ore reserves remaining?
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