Well said Bennett that RCF will not sell at such a low price but that does not negate a low ball offer at the start from anyone per my example yesterday morning of the offer from Goldcorp to Osisko. ( Consider how the FWR sale went, first offer was almost a third of final price.)

Also, our nickel ore will become a mine but the question to be asked and considered in the not too distant future is whether Noront will still be the owner.
Unless a partnership is established with another entity for security, it is my opinion that Noront will not be the owner, say five years from now. Odds are stacked against Noront being final owners.

Why?
Because world economy is showing signs of improvement and mergers and aquisitions are on the rise. At the same time commodities are being depleted or taken back ( Indonesia re nickel, Venezuela re oil, gold & copper).
Look what happened with Xstrata and creation of X2, strikes in S. Africa as other examples.

Noront`s nickel ore is too rich to be left ignored no matter what the efforts by our Board to be under radar. We often complain about being practically ignored as a company. Well consider the other side of that coin.

We could have been bought for a cheep price already. Yes it is a possiblility for under two dollars per share.
So in a way ( I feel uncomfortable congratulating our BofD ) our Board is doing well to remain in charge.

Many other things to consider while we wait, Ed.