I'm sorry but I cannot agree with this, at all. I understand from your perspective as a KWG holder why you want the blackhorse to be so important to the ROF development etc. But it quite honestly isn't, especially from Noronts perspective, and anyone holding noront. There is more than enough between noront and cliffs for the ring to warrant developing, I think you're more worried about being left behind. Blackhorse is important to KWG, but i'm not sure how it's important to noront, other than the fact that KWG and cliffs are making noise.....

The whole reason I personally bet the farm on Noront is exactly this. They are positioned to benefit from rail or road. KWG at this point is a chrome play, a play fighting against a major. KWG isn't fighting for rail because it helps develop the ring the most, they're fighting because it's the only way they fully benefit. KWG is a very high risk/reward play right now IMO. I know this will rub many the wrong way, sorry, but it's the way it is. Noront remains the only one who "doesn't care" which way it goes, as long as it goes.

I can't help but think something is gonna blow here soon. Have a good one all.

djje