I nibbled at that stock a year or two ago. The few shares are still sitting in the account down about, I don't know, 70 or 80 percent. That thing hasn't moved in forever. I guess they're still plugging away.

I agree. Money is out there for truly solid projects, but probably not a dime for anything less than that. There is enough fear and panic out there yet for credit markets to seize up. Why don't the Chinese step into plays like this one? They are sitting on all those toxic dollar debt instruments and the UST bills they have are earning far less interest than inflation. I would think $270MM is chump change for a necessary element to their steel industry.