I think you are right and I have been saying that for awhile that Cliffs is pulling the strings like a pupet master.

I dont agree that CLF isn't sure the goods are there. Cost of tying up money to soon is high so why spend it when you dont have to. with 20% of kwg and 50% from the FWR JV they are controlling the play right now Let kwg spq go to the market for exploration money and to prove up enough to satisfy the financiers..Then we will have a takeover. We are still a couple years away, unless something happens to speed the process up (like nickel or PGE's)

Holding long already a couple years in and out so time we got lots of,