Good post, FS, and I could only add one point to your analysis;

"With respect to the government, I can understand how they would not want to make any concrete decisions about infrastructure that may favor one company over another. So at this time, it is up to the respective companies to battle it out for superiority. In the end though, there could probably really only be one producer of chrome. The economics will decide that."

Logic dictates that a decision on the route will favor local communities, rather than just the mining companies. In that fashion they will solve far more future problems than a decision based on economics or company preferences. In fact, as I understand it, the route question has already been resolved, and the final outcome may surprise us all.

Regarding Noront's position comparing it to Cliffs is another factor that may include a few surprises for us also. Present PEA efforts, as well as the following permitting that will be required puts NOT a good ways ahead of CLF, and I would expect a mining decision could come from them a full year ahead of any decision by CLF. They will not include chrome in their plans as yet, as that would tend to require them to back up and restart their applications, and as it stands they could add it at any time after permitting is already in place. At any rate I am comfortable knowing Not is going to have a mining operation up and running at some point in the foreseeable future, and my investment here is safe.

My concerns at the moment evolve around the recent announcement by RCF.

They now control 10% of NOT. Baosteel has 10%, with the option starting on May 2 to increase that to 20%. That means that 30% of the company is in two hands. Although we, as retailers have no way of tracking someone like RCF, There are bigger fish out there, such as Joe dwepp (remember him?), who do. These bigger players would know what RCF has been doing and why, and could very easily be accumulating also, in anticipation of some heavy action coming.

When I express concern, it should be taken in context, as I am not overly so. Some here have expressed anxieties as a similar fate as FWR/SPQ may await NOT. My average cost here is around the .79 cent mark. I scored a 5 bagger with SPQ on two separate occasions, and a four bagger with FWR, under similar conditions. If I am to be stuck with something similar, I may not be estatic, but I will deal with it.

We appear to be on the "cusp" of something happening. We are anticipating infrastructure announcements soon. We have a huge increase in chrome assets. And now we have another big player that intends to profit from their investment here in some way. Let's bring it on.

Best regards

K

P.S. And we are still drilling.