Correct me if I'm wrong but if NOT acquired a number of FWR shares over the past few weeks (through purchases or tenders) then they would have a choice to make about either selling to CLF @ $1.00 or retaining part ownership (or both as they could sell just a portion).

If they sell then they will have additional $ in the coffers for the drill program. I belive Wes stated around the beginning of December that they had $25MM in the bank to fund the drilling. They may have spent some of this on FWR shares but no doubt will make a profit on that spend. It could very well mean we have a lot more $ in the bank, can continue/expand the drill program and....won't it also mean that the 'dilution' word that people have thrown around will be............. reduced, after all we will have more $, perhaps even double or more than what Wes mentioned back then. I'm not seeing a win/lose here for Not, it's a win/win.

GBANSH

Jeeper