"Agreed...but we all have to shoot for and hold on till we get beyond .50, .75 and up to $1.00...that only represents 6 to 8 hundred million dollars total take-over cost...not impossible if someone else wants in and a bidding war is initiated..."

I love the idea! But LP, I prefer to stay zen on that: 30% share of Big Daddy does not worth that much, esp. when the owner of the remaining 70% announced that he might not mine it before 20 years... And could this 30% attract a white knight to ignate a bidding war with Cliffs? The answer is within the question!

As I already said, a ± $200MM sale post-DDI distribution would be in my opinion a pretty good one! It would mean around 30 cents/share. At the end, a better deal than with SPQ!

GLTA.

Realistic BaBe.