We know Noront will need millions in finacing for the mine...
we saw Mick Davis raise 1.1 billion....
then.....
During the 8 minute Alan Coutts interview...the subject of the sale of Cliffs Rof claims came up to which Alan replied...with "we'd certainly take a look at it."
Where would he get the money?? Unless....Noront is already partnered up with someone.
So for fun...let's speculate that it's Mick Davis...
Now we see Mick raising more money. Money for what??
How about money...to buy the Rof claims from Cliffs??
Interesting that Mick is raising more money at at time...when it's rumoured Cliffs may be interested in selling it's Rof Assets.
Now...the best way to create further pressure on Cliffs...is to lower their share price...
Notice below....Cliffs down again MOSTLY DUE TO GOLDMAN SACHS
http://seekingalpha.com/article/1959471-cliffs-natural-resources-how-far-will-it-fall?source=google_news
"Cliffs Natural Resources (CLF) was down again on Tuesday, January 21st, "mostly due to the report from Goldman Sachs"
Hmmmmm Goldman doing a good job to bring Cliffs down...making selling the ROF asset..more attractive....
Isn't this a ......coincidence?????
http://www.mining.com/big-mick-davis-and-goldman-sachs-readying-takeover-war-chest-34362/
Pay attention to this comment from the link above:
FT.com, reports he has hired Goldman Sachs to help him raise a new fund that will buy stakes in mining assets.