Lots of good? and accurate? memorabilia thrown around here today.

I do disagree though, that Noront was the bad guy. The end result of what they were proposing would have been an amalgamation of the two companies. CLF's cash offer was what monetized the deal. For Noront to increase the offer above a dollar would have meant a huge dilution where FWR shareholders would have held the majority of the united company. You have to consider each of their market caps, rather than the price per share of each company. The market cap of the combined company would have resulted in FWR shareholders easily realizing their goals of a three or four dollar share, and Noront holders probabaly over ten dollars. They would have had a single entity capable of dealing with FN, Gov'ts and bankers, and we would be at or near production by now. SPQ and KWG would have easily folded into the larger united company, and the ring of fire would have had one voice. It was loyalty to Nemis and associates that prevented sensible thinking. I, myself, was guilty of the same. Yet in hindsite, they are explorers, with no capability of taking a company on to production, and I doubt their continued participation would have resulted in further discoveries

At the end of th day, it was the FWR shareholders that chose to go with CLF, and we have what we have today.