"...Do you think that Cliff is the only smart major in the world. "

There has been 2 serious bidders since October 09: NOT and CLF. CLF just topped NOT's bids two times, reluctantly to say the least, with only a few pennies. Whatever there could be underground, 1$ per share is the only money that has been put on the table. And it is obvious that there won't be more pennies added to what is now offered, unless an unlikely (improbable) new player gets in. Or unless this offer is voted down, which I don't believe, since a bunch of institutional voting agreements and pre-signed proxies are already filed IMO in Cliffs' FWR January Special Meeting drawer...

Retail FWR shareholders have nothing to lose trying to vote Cliffs' Offer down and hoping to get more $$/share. As I said before, David has been replaced by Tom Thumb on the ring, but the show is no less interesting!

So, lets wish good luck to our fellow neighbours, I mean to those who did not (have the guts to ???) tender to the only Junior that could have stood up to Cliffs and other big players to come in the future on this wonderful and unpredictable swamp named the "Ring of Fire".

Consolidation had just started in the ROF, and we will remember this David and Goliath battle as a turning point in the years ahead. We have still time to add some stokholding at cheap in our portfolios...but don't forget the Supply and Demand rule! FWR is disappearing from the Ticker next month. Who's next?

GLTA.