Cleveland Cliffs Stock Up 100% Since The Fall Of 06

In the industry of metals and minerals, Cleveland Cliffs (CLF) has been doing well in the last year. The company produces iron ore pellets, which is vital in the process of steel making. Along with its other properties it is responsible for nearly half of North America's iron ore production capacity. it sells primarily in the United States and Europe but increasingly now in China and Australia.
In September of 2006 the stock was sitting at about $45 a share. By January of 07 it was $50. By March $60. By May it was $75. In June it hit $90. In the summer it spent much of its time falling back a little and by August it had gone back to about $60 a share. It recovered quickly however and so by September it was back up to $80 a share. In October it went over $100. In November it hit another bad patch and fell back to about $75. By earlier this month it had recovered those loses as well and was sitting at $105 a share. With the market the way its been lately a lot of stocks have been losing value a bit and this one is no exception and so by January 14th it closed at $94.77 after a $5.43 gain for the day. Thats a gain in value of over 100%, even with the dropping that it did over the summer and lately, in the past 15 months.