HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Message: bluff ?
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"value-enhancing alternative transaction"
Could just as easily be Cliffs from upping their ownership of FWR shares to forming a JV. I do not see them presenting an offer to buy the company and a merge would be of low benefit to FWR shareholders due to lower sp appreciation potential in such a large company.
I doubt there is someone else involved.
And I mean they just may be discussing but not necessarily that anything will come of the discussion. Therefore a true bluff.

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