Now unlike the REAL contests of old, I don't thing the two main players appear evenly matched.
The battle is for the CHROME FARM in the RING of FIRE in the JAMES BAY LOWLANDS of Northern Ontario.
The current main antagonist is CLIFFS RESOURCES of Cleveland, Ohio, a big player in the ferro supply world. The protagonist if we can title them that, are an aggrieved group of FREEWEST Shareholders titled
The FREEWEST FAIR OFFER MOVMENT" linked here - > http://freewestresources.blogspot.com/
As a matter of full disclosure, I am administering their blog. I have been and still am in the "Back MAC" camp, as I think Mac has done an excellent job getting us this far,and basically embarassing Noront as it tried to steal FREEWEST's assets. No matter what, I personally dont know what or when he did or did not know something, so cannot take issue with any of it. I have written before that I think just FREEWEST's BLACK THOR CHROME DEPOSIT is worth at least a half to one and a half orders of magnitude more than offered [ in English that would be $5.00 to $15.00 per share ]. Mentally speculating what anything might be worth, vs. actually realizing it are way two different items.
Without the strong shareholder loyalty and base of retail shareholders, IMO, Noront [ NOT,to ] and its major shareholder, Irwin Warren might have succeeded in waltzing off with the prized CHROME Deposit and the company itself. However it seemed that early on, that customer base was quite antagonized by any number of unfortunate moves probably initiated by Noront and its management. That probably sealed their fate, as they never really showed any more shares tendered than owned by Mr. Warren.
Noront is now history, IMO, in more ways than one, and the "ELEPHANT in the ROOM" is not CLIFFS but some other as yet unseen Mining Major with a potential interest in the CHROME FARM. While this gladitorial contest has begun, it is not clear that the struggle for the hearts and minds of the FREEWEST shareholders is far from an accomplished fact. Neither side's PUBLIC RELATIONS campaign is yet showing their cards.
Add to the mix that KWG, SPQ, PRB & FNC are "IN-PLAY" both in terms of stock market action and internal activities. Further compound that by the flight of the FREEWEST shareholders from a "supposed" hub of Investor Information to the old basic messageboard at Stockhouse.ca ->
http://www.stockhouse.com/Bullboards/SymbolList.aspx?s=FWR&t=LIST
Of course you can get more information by linking to my main blog at
http://denaliguidesummit.blogspot.com/
and sign on, for further information
