I am with you 100%, though the offer would probably be a little less, I would guess start the bid at 17-18 cents.

To throw another wrench in the equation lets get the interested Japanese party NN mentioned today on BNN to join the party and make an offer as well. Three companies in a bidding war would certainly be the icing on the cake. 50 cents? lets make that a dollar in several weeks. Anything is possible, depends how bad the buyer wants the piece of pie I guess. It appears that this time arround CLF may find it a little more difficult to try to take this discovery for pennies as they did with FWR. I'll just sit back and watch my portfolio grow thanks to NN and SPQ.

Rockstar..........................