Key points:

- CLF is not prepared to take on the cost of buying KWG (So, they had in mind some large sum of money? But, don't be surprised if it comes with offers (low ball first), considering it already owns 17% of KWG, and the rest of KWG holdings including 30%BD and the RR). If they dawdle they may lose the whole KWG thing to other majors.

- Governement of Ontario can expropriate KWG holding and give it to CLF, for the public interest(?).

1. How can it be for public interest if it's a private road for CLF monster trucks; and

2. The government would not dare pulling this stunt, taking the rights of a small Canadian public company (after the Commissioner's ruling against CLF) and give that to this bigger foreign firm?...CLF must be in Cloud Cookoo Land, just think about the political fallouts, and financial liability from a lawsuit by the little Choo Choo company. The awards to KWG (especially, punitive damage) could be huge, hence it would be worth while to wait for a few years (to become milionnaires).

There is a card CLF can play: Offer to make the series 400-series highway for monster trucks public (public interest component). Even if this were successful, who would dare driving on that road, and CLF and the government would still (definitely) face the lawsuit as discussed above.

CLF game plan looks childish. They'd better get a new VP for ferroalloys, since Billy B. does not seem to know what he's doing. During the meantime, Minister Gravelle would not say anyting. Wise man.

Link at bottom, and excerpt below (underlined mine):

The legal process could take years, he said, and the company isn't prepared to take on the cost of buying KWG.

Besides, there are other small-claim holders along the corridor, and the commission's decision "basically gives a road map" to anyone who has a mining claim related to any project to block development, he said.

The only viable solution is for the government to step in, Boor said. It could expropriate the surface rights or withhold a portion of the surface Crown land for the public interest.

Northern Development and Mines Minister Michael Gravelle wouldn't say whether he will intervene or even consider it. But developing the Ring of Fire "remains a top priority" for the governing Liberals, he said Monday."

http://www.ottawacitizen.com/news/Ring+Fire+needs+Ontario+help+miner/9064945/story.html