Hey GM,

I agree with what you said and would like to add. The only way to create, generate and maintain profitable economic activity is to build infrastructure that attracts investment from the big players...that's what Gravelle doesn't understand.

He is merely trying to cover up his blunder (supporting Clf's road proposal) by claiming to pursue the "right way", when at the same time he is compromizing the whole foundation of many future generations of "economic activity"...which of the big players will want to come in and develop the ROF if the "right way infrastructure" cost them 6 to 10 times more in bringing their ore to market. What fool thinks that he can sell those kinds of lies, all the way to fruition.

The other fool is the one who reappointed him to this portfolio without doing a comprehensive performance review based on the impact on industry. You know what they say: "Birds of a feather, flock together". No surprise that Cliffs and the McGuinty Gov ended up in bed together...they do things the same way...for effect, in a self-serving manner and without adequate due diligence.

"Everybody and his dog" looking in from the outside (including the Fed Gov) can see that they started in the wrong direction and refuse to correct their initial plan for fear of losing face...and that's why their is no move from the Fed Gov on money for infrastructure. Who in his right mind would want to build a house on a faulty foundation built by a contractor with ulterior motives.

It is amazing to me, how much damage can be done when illegitimate and unjustified power is put in the hands of the ignorant. JMHO of course.

Hope the power of the free market prevails and a deal is made between Casablanca and KWG, which then can be supported by one or many of the big players ("Consortium, I say...I say Consortium" in the voice of Foghorn Leghorn, of course)

Best of luck to all KWG longs

Le Penseur