I'm pleased to hear that the relations are on good ground. I would like to see them merge and then do the R/S. Build the railroad and start collecting the toll from all these others like NOT & CLIFFS. Once we had cash flow from that cow we could focus on Big Daddy. The in situ value in Big Daddy will only go up like all other commodities.

Just speculating on posible future plans if we merge. Could be viable in my opinion and that leaves Cliffs the minority partner on Big Daddy with there money tied up until we decide to move ahead. 60% share looking better all the time.

A