RE:Noront buys Cliffs out!Do you know how much money Cliffs have invested on this project so far, I'm assuming that they will have to take a huge write down. Over all ! If it's feasible for Canadian Companies to be able to develop our own resources but sometimes due to our size you do need help and financial strength and expertise to do it.
One very negative thing that this has done IMHO Is that foreign investment will take a much stronger look at doing business here in Canada if they continue to have road block after road block put in front of them.
Not to go on another rant but it's just another example of Government Red Tape and BS. Like I have posted earlier until we wake up as a nation and get our political process fixed we're going to be in deep trouble.