Don; You got me!

"Nothing ventured_nothing gained."

LOVE THAT PHRASE! Yes I do!

And I predict it will be primarily an All North American Shoot Out!

Time to take what we know of many of the North Amarican Mining Majors - most of which are no VALE's, Rio's, BHP's, Nor Russian, SA, or Chinese Majors, but they are all very respectable in size and ability (Mining, Exploration, and ability to raise the cash in any Market condition) and ALL do seek the BEST of the BEST and like Very Safe Jurisdictions they live and work from.

Look at the back grounds of several of out most experienced Directors. And think of who they have had to work for and with prior to arriving at out Door (either our front door or the back door - as a result to the Proxy conflict recently) and add some investigation to well reasoned Speculation as per WHO has been Beefing Up their Cash Coffers and letting the World know they are looking to diversify.

Add to that Cliff and who they have had to interact with over the past 20 years to organize themselves as they now exist.

Think of how the face of the N.A. Steel Industry has radically changed over these 20 years and beging to Speculate on possible Broad Scale Strategic Initatives many in the Steel Industry (N.A.) have been in the process of piecing together over those years so as to survive and have basic control/influence in N.A. as well as broadly around the Globe where possible.

Keep in the mix the needs of Globalization over the past 20 years and what and why these N.A. Interests would begin to desire less reliance on places like the East European experience, South East Asia (primarily due to Geogrphy) and South/South Central/East Africa while ensuring they remained in the Game - Producing and Processing of Base Minerals and NEW AGE Industrial Metals (primarily PMG's and Rear Earth Elements, etc..

This is after all a time of MAJOR Rearrangement of the GLOBAL ECONOMY and with it the real Kick Off of the So Call, New Green Economy.

Is there a new reality in the very early stages of being Born or will we ALL suffer the First stage of Total Economic/Ecological DEATH with the Banking MESS as the catalist in the latter?

Strategic Buy In (keeping options open and Up Front Cash Requirements to the Minimum) would be the most PRUDENT Move, if it were me, in this Global situation! And close to home is the best place to position and secure, allowing a future everywhere as time moves on (be the moving good or difficuly) and then only as ability/opportunity allows.

Old Joe

PS: Hope the above is somewhat coherent, as I do not want to study it to ensure it it tight. But hope it stimulates solid thinking. And what ever follows in terms of commentary and possability/prespective - potential we could benefit from being awear of when considering what and where NOT (the RoF) could go. And go at any given time.