RE: RE: IOC for sale by RIO I agree with you however big busines does lots of foolish things when trying to realise shareholder value. If a bidding war errupts and some body pays too much anything could happen. There is an article in the globe and mail today about this whcih I had not read when I made the first post. see related boards for Labrador Iron royalty fund , LIF, and Champion Iron Mines, CHM.