Hi Strato,

You hit the nail right on the head. It's the real estate that FNC and PRB have that key players CLF, NOT and KWG (count CLF in there as well due to its 70% of BD) have been looking at seriously and just wait for the right moment to strike. They aleady have enough chromite in the area. If CLF want to buy chromite properties (PRB/BC , proven and FNC/Black Horse, potential) then the purchase could be, beside the real estate, to buy them and bury them to block competitors from coming in (same strategy used by some large software companies)

For PRB, they want to focus on their gold property (approx 6Moz and counting). For FNC, it's the other holdings, beside Mcfauld's, that a predator may want...Fe, Ti, anyone? Note sure if I have mentioned this here, but FNC was my pick and was recommended to some off-shore deep-pockets who kidda looked at the price tag of about x2 or x3 of $12M, and just brushed it aside. Too cheap for their effort.

goldhunter