Pinetree, why are you (and other FWR shareholders) hung up on Noront's current share price when evaluating the value of these takeover offers? You should be looking at the SP potential of both Cliffs and NOT 1-3 years down the road, not where they're at today.

Be honest now; do you really see more potential in Cliffs shares or NOT's?

A few pennies up or down right now isn't going to make a big difference in the long run, it's more important to get what you want with your fully matured investment. Unless, of course, you're just in this to make a quick buck or two? IMHO, most folks here would rather wait for the Ring to mature and get the best ROI.