re: Thoughts on VALE?

Technicals look pretty brutal. Commodities have taken a beating as the market bets we're in deflation despite all the best efforts of the central banks.

High div yield but I wonder if that's sustainable looking at the numbers. Not a ton of cash onhand, but a book/share higher than current stock price and low debt. Ideal looking value play as the fundamentals look great, but could be a value trap. Be careful here.