Fwr was bought for a buck.......and Not thought it was worth at least twice or triple that amount. I guess a one to one exchange now is not so laughable. Man this whole area is going to be stolen from us for pennies. I bet if Cliffs wanted this they could get it for 1.40- 1.75 which for me is half my break even. I keep saying that money lives on the other side of fear.......but after three years I am really frustrated that we will not see the true value for our holdings. I guess kudos to Cliffs because their timing is unbelievable.....much to our chagrin.