I do not think that any comment about chromite at this time has any relevance to us with the exception that if the company says that they are making an offer for Cliffs' chromite assets. Our only interest chromite wise now is just possibly aquiring more.

As we all know, we are about nickel for the next few years and will not tackle the chromite development before we have cash to exploit it and very likely a railway has to be ready in time or at the very least a definite time line established for it's completion.

Therefore I agree that a 10 year time line is quite likely and very proper to say so.

Any one reacting to that comment now does not know Noront well and if so I say quite plainly - Good ridance.

What I think is more likely, is that news is imminent and with news we will need cash. To get cash we need financing and some expectant financier wants to lower the sp to get more shares for his financing.

This is Ed's version and am sticking to it. ( Cheers).