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Message: up $5.11 on overnite

I think a lot of people are in the same underwater position with respect to RoF juniors. I continue to be patient partly because the damage is mostly done, and it is still early days in terms of whether/when a second major might appear shopping for nickel. The Cr should evolve to CLF over time, and won't on its own attract a second major due to the nature of the Cr. market. CLF should be able to market a lot more Cr over time. Xstrata was the logical counter for FWR and when they passed on it, it seemed to confirm they are not oriented to a remote greenfield development. But someone will develop the nickel in time, and perhaps sell the Cr to CLF. And who knows what the current drilling will produce. Probably have only scratched the surface here and ,other than the market caps, it is still early days. Perhaps a Hudbay will take an interest depending on what else is drilled up.

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