RE: RE: RE: RE: well i am glad Hey Fordtrucks, I seriously think that CLF can`t delay anymore given their commitment to production in late 2015 as well as the downtrend that their stock has taken lately...the only way that they can achieve their goals and reverse the SP trend is to commit to the development of BD in a manner that respects FNs, the environment, their partner and Canada as a nation...
If they don`t they will find out the hard way that the market punishes much worst than any other component of this equation...and it will cost them more than they ever imagined...possibly their very existence if a bigger company comes around and decides that they want to control the North American chromite market, not to mention the international market at large...they are not just playing with fire...they are playing in a Ring of Fire with a pocket full of dynamite.
The only downside to CLF being taken over for KWG, is the possibility that the company acquiring them could launch a hostile take-over of KWG, which might compromize the possibility of maximizing our take-over SP.
I would much rather see KWG get aken over by an outsider (say for example Glencore/Xstrada) for a good price and then they could go after Cliffs. Even if they (Glencore/Xstrada) pay a fair price for KWG (ex: .75 to $1.00 or more...) the consequential increase in Cliffs SP or perceived value would be minimal given that CLF already has a multi billion dollar market cap.
Good luck to you and all KWG longs
Pear3 out!