It's joke and a scare tactic that will work on some share holders. I was reading the KWG Resource facebook page and read where someone thought .18 would be a good offer. What a joke!!!!

Keep in mind that Cliffs doesn't have a good rapport with the native population up there. Therefore, I believe that they will be blocked at every turn in their attempt to develop a mine. However, Noront and KWG seem to have built a very good rapport with the natives and would not have the same issues.