SG,
The move is probably related to chromite, IMO, but I would not discount some positive results coming from Borden. Regarding Cree Lake I don't thing the data was good enough to suport the substantial move in the SP. The option with LSG seems so disconnected that I am sure management doesn't know what to do. How does a small cap company take on someone who has a cap many time larger.
As to your thought re concentrating on one mineral and or one property I don't see this as a positive way to grow a company. The Magpie deposit is huge but isolated and given the deposits available near access I can't see it being developed for a long time. Given that the chance of making a significant find that develops into a mine is something like a million to 1, more irons in the fire are better if, and this is a big IF, the company has the management in place to look after the irons. Hopefully FNC now has some top side in place.