Thats not polite to use those words in public, might scare the horses......!!!

BIDDING WARS !  Yes Virginia, someone actually said that out loud in this article @ :Reuters "BIDDING WARS" article.

  A brief scan and read of the M & A activity for the last year, would indicate that "Daddy" CLIFFS might be in for rough sledding even as much snow as they have in Webeque, Ontario, as they try to lay in enough votes to take down FREEWEST RESOURCES.   CLIFFS is clearly bigger than FREEWEST, but like a possum getting ready to grab some nestlings out of a tree over bayou, a possum is so bigger, but the Bayou is BIGGER, and harbor to hawks and alligators so any misstep will not only loose them this prey but perhaps cause the possum to be eaten.   Now no one expects CLIFFS to pay possum but if there is one group not playing possum its the FREEWESTFAIR OFFER MOVEMENT, which is working on
closing in on enough votes to send CLIFFS Back to the drawing board as the move to secure mining assets heats up.  No one knows what will happen if CLIFFS fails to get the giant chromite deposit of Black Thor, but we do know FREEWEST will go one exploring, since apparently there is a ' Beast of a Nickel Deposit" directly in their area.  Whether its copper, nickle, platinum, palladium, chrome, diamonds, gold, silver or other stuff that is held in the Iron Triangle grip of FREEWEST, FANCAMP & Big Daddy JV, the action in the
RING is catching FIRE

Today they call them Explorers, in the past they called them STAMPEDERS

as they followed from strike to strike, trying to lay in the BIG CLAIM, once DISCOVERY CLAIM had been hit.

   In this case, since Voisey's Bay attracted all kinds of people from presidents to pond life, its not surprising that many who missed in VB, were determined to hit the NEXT BIG ONE.

    A very experienced Geologist once said to me, "When they take the core out, sometimes the specimen is too obvious to be able to hide what it is."  And at that point, you know the word is out ! ! !

  I am exactly sure that is what ran thru Richard Nemis's mind when he saw the core containing Pentlandite from the hole of  the Double Eagle Strike "THIS IS THE STUFF THEY FOUND IN VOISEY's BAY ! ! ! "

  Now that SPQ has pulled a core of "GODLEVSKITE" from its latest sampling that is located within several hundred meters of the surface of Big Daddy, their JV with FWR  & KWG, they noted its rich nature, as it could contain a maximum of 64% Nickel  ->  Look here :Web Mineral Site.  This mineral is found in Norilsk, as was Pentlandite, [ 34%  Nickel][ which alerted Prospectors Sparks and Verbiski  in VB], as well as the Texmont Mine now owned by Fletcher Nickel which shares some people with KWG.

  Here is the part of the release that is going to make things a bit more interesting:

"- Hole 33, after passing through 11.0 metres that averages 40.29% Cr2O3, entered a narrow nickel sulphide filled fault zone that averages 2.74% nickel, 0.12% cobalt and 1.04 g/t Pt+Pd over 1.0 metres. A sample selected for petrographic analysis as determined to contain a low temperature alteration assemblage of minerals including godlevskite along with veinlets of mackinawite which infer a possible nearby primary nickel source."

    Well it is obvious we have some very, very intense minerization, some of which is found in Norilsk and Voisey's Bay, and its OUT now, so I wonder if we dont soon see the RING Catch FIRE.

    So, chrome, nickel, copper, platinum, palladium, gold, silver and diamonds are all found in proximity to the RING of FIRE, as well as FREEWESTS huge find, BLACK THOR, BLACK LABEL and now the Joint Venture holding BIG DADDY of SPIDER, KWG & FREEWEST, is tracking a river of nickel.  We really have no idea what might happen next............

Ring of Fire is a hot topic, Globally

As the hits keep coming, Globally, logically since this the world has shrunken a lot.

Basically "The RING" is under and around the "ONTARIO" on that map, in a rough sense.

Summarizing, most of the readers of the very unscientific but interesting polls

HOLD Noront & Freewest the most, the rest of the others about half as much.

THINK Xstrata will be the next bidder by a 3::1 margin over the 2nd, which is VALE

WOULD HOLD a Major Major Miners stock by 2::1 over those not wishing to/undecided

FEEL the next Target company will be KWG, then PRB, then NOT, SPC & FNC.


RING of FIRE Mining Camp Blog is about the development of this camp and the companies within it , past, present and future. You are invited to take part, submitting articles and information we hope will add to the growth of the camp by adding to the easily available information base NEW INVESTORS to the Camp will want
as they decide to look around.

I have put the websites of the best known companies on the links and solicit contributions for materials to assist. Presentations and YouTube clips or links can also be listed.

The current ongoing" BIG THING" is the development of Chrome in the southern half of "The RING". We have the DeBeers mine "VICTOR" to the east and the "Musselwhite" mine of Gold Corp, to the west. The mineralization is all around, and at some point, the "CAMP" could extend in every cardinal direction. There are enough existing & developing or re-worked mines to indicate this area may be underlain by much more mineralization.

Reported in quantity are Nickel, Copper, Platinum Group Minerals, Chrome and as yet what else, I am not aware of. Anything else can also be covered here, as it as likely as not that "The RING" has more to offer for mineral exploitation.

Until modern technical prospecting means gave us the clues to look deeper, it was all unprofitable moose pasture. A lot of it will always be moose pasture, the gods be thanked, especially if you like moose, wilderness, northern lights, and and all that goes with northern living. Proximity to markets as shown on the map assure that now found, and with the initial reason [ large quantities of ingredients for stainless steel ] discovered and being defined, the infrastructure required to develop a mining camp will come. Probably soon.

Economics drives politics which then attempts to shape economics. The items in the matrix of mineral development are many, and complex, but if the economics weren't there, this Camp would not be developed. The economics ARE in place and the Camp WILL be developed regardless of where they might be transported, refined or consumed.

So far only the Juniors and one Mid-Tier MAJOR have shown their first card. That leaves a lot of hands unshown and unseen now. Since time and tide wait for no one, more will come out as the clock ticks. The first part is like a form of Dutch Auction, where the offered price is lowered increment by increment until the FIRST bidder gets the prize - with every price tick downward the tension increases by leaps and bounds, until BINGO, someone can stand it no longer, and no one knows when that might be. Lest the prize gets away from them, the bidding will start. That awareness that the game is afoot is spreading amongst ROF stockholders. Its also much on the minds of the lurking bidders. STAY TUNED.