Rocky:

Thanks for putting together a nice "snapshot" of ArcelorMittal.

Clearly ArcelorMittal is not a "ma & pa" company; and if the excellent discussion (backed by some DD) taking place on the SPQ board is correct, it may be one of at least three huge majors interested in SPQ-KWG-NOT-FWR, plus probably FNC, PRB, and UC.

Moreover, I understand that Cliffs is not standing still and is doing a huge amount of due dilligence on the costing of infrastructure and mills.

These "majors" are looking to acquire "their future" and the future of their wealthy investors. Basically, no ore = no company.

Sound like what happened at Voisey Bay? If you still haven't read The Big Score, and you are still concerned about your ROF investments, read this book. It's a fun read. Plus if you pay close attention to the time line from the initial drill hole to the sale of Diamond Fields to Inco, you will understand why patience is required. A lot of great characters in the book. Friedland notwithstanding.

It's fun to think that one of the original prospectors at Voisey Bay is also involved at the ROF. Can you remember his name? And for that matter, where's Friedland? Guesses?

At 4 cents a share, it's time to accumulate SPQ. IMHO

Snug