The firm is not actively looking at more acquisitions in the area, Boor said.

“I won't rule anything out but we're pretty focused on working with what we've got right now, and it's got plenty of challenge for the moment.”

However, Cliffs does continue to look at potential deals in the iron-ore space, including in Canada, he said.

No-where does it say that Cliffs is not going to buy in the future nor does it say that there is not anything already agreed to. In my opinion the biggest thing i see in that release is them trying to change the routes which could be a blow to KWG.

“You don't want a private road up there, you want public infrastructure.”

There are two routes that have been proposed for the transport corridor, but Cliffs is advocating for the north-south option over the east-west option.

Mean while I'm sticking with DP unless something drastic happens to change my mind.