I'll stand by my opinion and let events speak clearly. I'm not down playing nickle because it is a very importent find. There is lots of nickle in Canada but this is the only important chrome. I believe Cliffs wants it very badly and will be a very important player in the Ring of Fire.

After this, there will be two players. Cliffs and Noront will be left. I have no idea what Cliffs has in mind next but it will be interesting. Should Cliffs take out Noront, all the other small companies will be toast. What Cliffs would control would last them many, many years. The others could whither and die while they wait. So anything they might find could go for a song.

It matters little what you, or I, or anyone else believes. What will happen will, regardless of what we think. I think we had all better be careful where we have our money in the Ring of Fire.

Best of luck...........Liz