Leadfootin...I believe the ROF is already in the "right ownership."

the stall in this transmission project for so many years further indicates this to me.

from 2013!

http://www.sudburyminingsolutions.com/goldcorp-teams-up-with-13-first-nations.html

"Goldcorp has been pushing for the 230 kV line since 2008, but it was only early last year when the pace picked up, recalled Faubert.

“It was at a chiefs meeting and a chief from a remote community pulled me aside and said ‘I get it now. Goldcorp really is interested in working with the First Nations. My community needs this project, so let’s get it done.’”

An environmental assessment that is currently under way and that could have dragged on for years is now clear sailing.  clear sailing...really?.....

Following the completion of the 230 kV line to Pickle Lake, Goldcorp will transfer its 50 per cent share of the partnership to its 13 partners at which point the focus will shift to the extension of transmission lines to 10 member communities currently relying on diesel power.

Several of these communities are under new construction restrictions because of a lack of generating capacity, according to Faubert.

“We had one community, for example, that wanted to open up a bakery to serve the mine site, but there wasn’t enough extra electricity in the community to hook up the ovens.”

Even more important, the extension of the provincial grid to these communities will allow them to get into the power generation business by harnessing the waterways in their traditional territories and selling the power to the grid.

Instead of spending a fortune hauling greenhouse gas emitting diesel fuel on winter roads and flying it in when the ice road season is cut short, remote First Nation communities will be able to profit from the generation and sale of clean power to the rest of the province.

According to an Ontario Power Authority (OPA) study, 25 remote First Nation communities in Northern Ontario are currently spending $68 million a year on diesel fuel. Twenty-one of the communities, it found, could be connected to the provincial grid at a cost of approximately $1 billion. The Watay Power proposal would link up 10 of them, but additional communities could choose to join the partnership.

Although Faubert is reluctant to estimate the cost of Watay Power’s phase two initiative, it’s probably somewhere between $300 and $500 million. The federal government would be expected to supplement funding from the rate base in recognition of the eventual avoided cost of diesel fuel, she speculated.

Over a period of 40 years, grid connection to the 21 remote communities would eliminate more than four million tones of greenhouse gas emissions.

Goldcorp hopes to complete the construction of the 230 kV line to Pickle Lake by 2015, while an environmental assessment for phase two of the project is expected to begin this year"

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But.....it  would be cheaper to kill two birds with one stone. Use Noront's east west route as a route for transmission infrastructure!

from the past:

"Noront.... added that Goldcorp TSX:G has shown interest in Noront’s proposal as a route for transmission infrastructure.The major’s fly-in/fly-out Musselwhite mine lies roughly 130 kilometres southwest of Eagle’s Nest and Blackbird" 

But ...2013?? This was not a convenient time for this road/transmission infrastructure combo.

 The ROF needed to be consolidated.

This transmission project now involves  fortis. Goldcorp did the original funding and the reins were passed on to Fortis. Blackrock capital is a LARGE shareholder of Fortis.

The environmental assessment is a perfect tool to stretch timelines.

This project is supposed to start late 2019. 

an older post of mine to read:

https://agoracom.com/ir/Noront/forums/discussion/topics/705981-behind-the-scenes/messages/2189144