Allan would certainly need to use a pilllow underwear if he wants to deliver the Cliffs turkeys in Wes' Santa suit this year!!! GLTA!

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Noront Resources Ltd. (NOT) slipped one cent to 19 cents on 2.30 million shares. The stock lost five cents this week, after Cliffs Natural Resources Inc. (CLF: $26.04 (U.S.)) announced it was suspending work indefinitely at its chromite project in the Ring of Fire area of Northern Ontario. Noront had been hoping Cliffs would build a $600-million access road to the remote swampy area, but its decision does not come as a surprise. Cliffs already suspended work on its environmental assessment in the summer of 2012 because of stalled talks with the Ontario government. Then, Noront announced that it would soldier on alone in the area, building a slurry pipeline instead of using Cliffs' road. (The road would have brought Noront's capital costs down to $600-million from $734-million.) The best thing about the slurry pipeline, the company pointed out, was that it, unlike the road, had Indian approval. At least it did; that was over a year ago and the Indians have been known to change their minds. Today, Noront is touting its project as the first mine to be built in the Ring of Fire. The company hopes to complete an environmental assessment before the end of the year. It might also have to pick up some of the holiday slack left by the absence of Cliffs, which donated 50 turkeys to each Northern Indian band last year. Noront provides one large feast for each community, but it also gives gifts to the children and the chiefs. Eli Moonias of the Marten Falls First Nation received an autographed Maple Leafs jersey from Noront last year. The chief also talked up a paid trip to China, but it is unclear if he went or which company offered to pay for it.