Monday, January 11, 2010

CLASSICAL ECONMIC'S, - ECON 101 -> Historically speaking





Classically in economic's, once a commodity or mineral became MORE AVAILABLE, its uses and markets expanded. Therefore uses for STAINLESS will expand and their [ CLIFFS ] marketing and promotion will help the steelmakers expand the stainless makets. Maybe ships will be next? Imagine a use for stainless that has as yet not been developed due to the economic penalty for using it. Everyone wants to use MORE Stainless, not less but so far, competition from other materials has been one factor holding it back. With the exploitation of BLACK THOR that will begin to change, IMO,

Given all of the above, it is quite possible that obtaining the BLACK THOR and maybe associated deposits, could over time, help CLIFFS double its financial size and power, IMO.

So many things in economic history have expanded markets as it became cheaper and available, th at it seems unlikley that this will perform in any differing fashion.

Remember the "DeLoran", that stainless skinned car? Maybe plastics will remain better. Hard to emphasize how much steel shipping uses, imagine the tonnage of plate? No doubt technological challenges would arise, but of course that is what engineers of all kinds live to resolve. Humanity moves forward, inexorably.......  As with the chart above, as the blue line moves to the right, and the supply of stainless increases, the demand for it will increase also if we graph the price.............thats my idea of what could happen here.  CHROME, Stainless, steel, all steelmaking minerals.  Cliffs has coke, coal, iron pellets,  Soon it could have all the components to suppy the stainless steel Markets.  Cliffs Natural Resources.   Freewest Resources, Spider Resources, KWG Resources, Probe Mines and FANCAMP Exploration all have the necessary stuff for cliffs to do that with.  Lets see who gets offers.............
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