[Mingw-cross-env-list] Unable to build binutils hosted on i686 targeting linux ("C compiler cannot create executables")

[Brett Douville]

I've downloaded and built gcc for MXE, basically following the instructions 
given here: 
http://bitthunder.org/misc/2014/07/01/build-arm-gcc-toolchain-for-windows.html

With a couple of modifications (in particular, the dependency on OpenSSL seems 
not to work, since it does "openssl --help" -- openssl only appears to support 
"openssl help").

In any case, it built GCC and now I'm trying to build binutils from source to 
run under MinGW32.

I am configuring with the following line:

configure --host=i686-pc-mingw32.static --build=x86_64-pc-linux-gnu 
--target=x86_64-pc-linux-gnu \

     --prefix=~/toolchain/tc --enable-interwork --enable-multilib 
--enable-target-optspace \
     --with-float=soft --disable-werror --with-pkgversion="mytc v1.0.0"


And then invoking make. 

However, this yields the following error:

"configure: error: C compiler cannot create executables"

Any ideas?