I fully expect that we'll see the appearance of a new player this coming week. An attempt by either an arbitrager to take control of the deposit and sit on it for a year letting Cliffs squirm. Or a third party come in and make a bid for UC, KWG, SPQ, NOT, and FNC to consolidate the claim position and guarantee economics. Then with a firm grasp on the numbers they'll fast track the Railroad project.

The absence of any large player on the ROF play is far too conspicuous. Cliffs is no match for Rio or Xstrata amongst others.

As always only opinion but I'd be very surprised if this isn't an interesting week full of developments.

I won't be selling Monday morning.

Good luck all!

A