Goldhunter, I agree that Cliffs should divest itself of the ROF claims, get as much as they can for them and write off whatever losses they incur. Big companies like these are always writing stuff off and if I'm not mistaken there are some provisions for this in mining claims anyways. So even if they only get 75% of what they paid, the write offs could bring it closer to a break even. Now, I don't have that accounting info. for sure but I've read something of this somewhere in the past.

Noront has said they can rustle up the dough and possibly KWG could as well. This is how it always should've played out anyways with two CDN companies owning the ROF assets and starting up the mines, with possibly foreign backing but still having CDN companies in the forefront.

strato