The big boys are cutting back on Iron production so I don't see them taking a run at Cliffs any time soon.

I bet they wish they had bought out KWG when they were riding high. Frank has used his time wisely in the interim.

To me a big coup is the commissioning of the report re rail vs road. I don't see how anyone including the gov't can ignore it. Then again there is no rhyme nor reason to decisions made by the gov't. How about that $1B cancelation of projects in Mississauga by the provincial Liberals. And they wonder why people don't like to pay taxes?

I sat in on the Noront presentation at PDAC and talked briefly to Bassett. His comment about the report was that it would be better for NOT if it was the railroad.

And we wait.....

SN