Cliffs IMO is the reason the ROF stills seems to be lacking significant progress, from our NOT mining permit, to the release of the EA, to infrastructure funding.... This element to our moving forward is no more than the monkey on our back, and I think the government would rest a lot easier about their decesions to invest in the ROF if this major moves on and a new major is ushered in to bring about stability; talks are no doubt happen behind the scenes. Slowly but surely Cliffs is beginning to show their cards, from intention, to announcement, to Canadian bankruptcy proceedings, to their ultimate sale of ROF claims. My mind is not on the FN anymore, nor the government, because these issues are slowly resolving themselves, or at least appear to be. My new interest is in the sale of Cliffs assets. We need new money to come to the Ring. Goldcorp is a good start, and so are the efforts of Chief Martin, TGR rail, the province selling their GM shares, Rickford agreeing to meet with Gravelle..... the only thing left that I see is Cliffs. Their assets need to be taken up by a major in order for the Ring to become more stable. Cliffs must leave before business can proceed without conjecture, till then things IMO will move slowly, maintaining small degrees of forward momentum, but with no real commitments until we see them exit.

All IMHO,

TM.