Interesting perpective from my evil twin...

Hey Kozy, no disrespect intented but IMHO the easement application doesn't prevent the Federal Government from announcing their positive intent for one or more of the following:

1. Establishment of port authority;

2. Support for the ONTC New Plan;

3. Support for the NS RR route to be rail vs road;

4. Approval announcement for the KWG 3P application;

5. Engineering or construction "tenders" in preparation of building phase of RR.

Each of these, alone or in conjunction with an other(s) would launch buyers into all of the ROF stocks including institutional buyers who don't mind waiting 5 to twenty years to see X times multiples on their investment.

Please let me know if I am missing something about the importance of the easement application. It is my impression that Cliffs predicament, does not obligate the Fed Gov to put its plans on hold. Afterall, KWG might have to accomodate Cliffs delaying tactics but not the Fed Gov, when you consider the interest of the Canadian economy, its residents as well as the "net benefit to Canada" clause that has garnered increased attention in both the government discussions and the media in the last couple of years.

Pear3

Discussion and input welcome...Le Penseur

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