It is worth more than .25 , but there has been talk in both the SPQ and KWG forums of .25 to .30, and no doubt Cliffs (..or whoever is buying the shares) watches forums such as this, and if I were them I would get the distinct feeling that I could do a deal at these numbers or less...which is unfortunate because there is a bigger picture here...each share is a small piece of an exciting and valuable resource that is expected to be extracted by 2015 (the trade volumes, the Thrown Speech, the plans for the rail line are a reflection of this tremendous potential).

I'm not saying anything that hasn't already been said..I just want to add my voice to the column who feels that our shares are worth a heck of a lot more than .3.

No matter where you stand on this though, it sure seems to be an interesting place to be right now. Good luck to you all in the coming weeks.