FNC should be CIA takeover targetHope they don't --- but they could buy CIA for basically the value of the CIA shares fnc holds and get almost free ----- 635.2 mt .49% Fet, 11.2%ti02, 2.61% CR203 plus another 293 mt inferred within 130k of tidewater Magpie mines, Lamelee South 74.7 mt - 31.6 FeT, 229.3 MT 30.5%Fet, Black Horse Chromite %50 share 86.9 Mt 35.4%Cr203 plus numerous major gold properties, VMS Copper , REE, Silica and a 1.5 non recourse NSR on Champion Iron FERMont properties , excepting Bloom Lake , plus the Magpie Process (10M current investment) that is a tech dissrupter in the 16B a year Ti02 market
A very cheap share buy-back and spin off rest of company for 10x profit