Inco went after Voisey's to protect it's market share. This is the main driver for any major. It is as much to prevent others from getting it as it is for the reserves themselves.

That's why we will eventually see Xstrata and others in the picture.

If you remember what happened to Inco at Voisey's, they played their cards too soon and this gave Falconbridge the opportunity to force the price up. James knew he would not get Voisey's but he wanted Inco to have to pay through the nose.

Chrome is the hot commodity at Rof FOR NOW. IMHO it won't be long before another E1 is announced. It is easy to forget how little drilling has been done to date. They are still finding more nickel in Sudbury 100 years later.

As Don suggests, it is one thing to have Chrome in SA. It is yet another to have it in Canada. BHP is one of the largest miners in the world and in SA. They will not miss this opportunity to get a foothold in the Rof.

SN