Key word there being it's only rumour at this point. Not unreasonable for them to scope it out though, gotta have cash to run a company. Not a lot of options in this market, especially if you're heavy on iron.

Tough choices, a PP versus selling assets in a period of weakness - in either scenario the price to be received is less than ideal, but that is the market. Sometimes you have to give up a bit to get to the end game.

http://stockcharts.com/freecharts/candleglance.html?ADV.TO,CHM.TO,FEO.V,fnc.v,LIM.TO,NML.TO|D