Fact # 1 It is no secret that both KWG & Noront covet CLF's ROF possessions.

Fact # 2 Neither one has the means to acquire them on their own.

Fact # 3 Noront with some 9 Million in cash wiil need it for updating 2012 FS

and for additional exploration and possible drilling soon.

Fact # 4 KWG with some 4 Million in cash wiil need almost 9 Million to satisfy

Black Horse Option alone by early 2015. They just postponed issuing notice in

that regard by one month to the end of October. Then there are cost with

patent application process etc.

Fact # 5 Backers with deep pockets ( NOT's BAO & RCF ) and (KWG's whoever)

come into play.

Fact # 6 Backers, upon acquisition of CLF's assets are definitely NOT going to

giftwrap same and ceremoniously hand them over to NOT or KWG out of the

goodness of their hearts.

Fact # 7 However, the winning side would benefit greatly by being joined at the

hip with large Entity willing and able to take the ROF development to the next level.

Fact # 8 The loser would benefit too by likely becoming a takeover target, possibly

by the same Entity.

Fact # 9 At long last we would get what many knowledgeable observers of ROF

call as necessary and inevitable for the things to start moving forward.

Fact # 10 Last but NOT least, most sincere wishes to all long suffering longs.

Fossil