IMO this is much ado about nothing...

1) TGR NR only confirmed that an offer is on the table for Martin to present to the other chiefs to get them on board

2) TGR says they have funding for ONTC purchase, upgrades. roads AND a new rail line into the ROF but won't disclose source or amt and have mining cos on board but won't disclose who they are(you'd have to think that these two items would enhance the approval by the chiefs ...and.... why didn't/wouldn't TGR have approached Cliffs with the idea...Cliffs certainly wanted to freeze out KWG and this appears to fit that bill AND had an FN included)

3)ON gov't have come out and denied ONTC for sale. Why would Martin and TGR have put together an offer if they had/were talking to ON gov. (TGR had an offer for ONTC back in 2012 when the libs wanted to divest)

4) The Feds are mentioned but they have not as yet acknowledged any interest. If this really has any validity seems to me the Feds would be leading this..for political purposes if nothing else.

Just more noise with little and what has been provided skeptical details.