"...with respect to Freewest's Shareholder Rights Plan, adopted in 2008. Freewest and Noront have agreed that the Shareholder Rights Plan will remain in effect until 5 p.m. on December 1, 2009, at which time Freewest will waive the application of the Shareholder Rights Plan with respect to Noront's unsolicited all-share offer made on October 13, 2009 for the outstanding shares of Freewest. As part of the settlement, Noront will not proceed with its application to the Bureau de decision et de revision en valeurs mobilieres for a cease-trade order against the Shareholder Rights Plan..."

So, after Noront said they will chalenge the Freewest's Shareholder Rights Plan, Noront will waiver the plan on Dec first. Noront did not want to give Mac all these Million$, now with the FWR's latest move, the million$ will go to Cliffs. One way or the other, NOT will pay the million$ (if they win the batle).... And the shareholders will bear the load I guess?

This is if there is not another major that gets in the batle. We are now on the radar. And NOT BODs may be weary about the outcome. Luckily, they are top notch professionals, and we must assume they know what they are up to. They certainely don't want to get all their cards on the table (assey results...) because the majors are watching.

Hmmmm!