Not bad, my friend, and getting better.

If I was a prof, which I am definately not, I would never attach a perfect score. That would suggest a person knows it all, and I somehow doubt that is the intent.

There were five posssible errors in the info provided on your first post. This one is much better, and most notable is item number 4. There have been suggestions of Vale or Xstrata taking out both NOT and CLF, but what if they took a page out of CLF's book and ignored CLF.

Remember how CLF started after both SPQ and KWG, then dropped kwg as they only really needed one of them.

Suppose Xstrata is sitting back waiting for infrastructure just like all of us. Once we have a committment from gov't they can quickly move on NOT and ignore CLF. If NOT has their PEA completed in second quarter, they can move right on to actual mine permitting, and be moving dirt by freeze up next fall.

Financing for someone like Xstrata would be no problem, and they would have a 20 year nickel mine along with 50 years worth of chrome. They already have a good hold on the chrome market, and likely could shut CLF right out. Baosteel may have some objections, but that would only tend to add volatility, which is good for us.

Best regards

K