The prize is FREEWEST, its Chart from yesterday in the last post. It looks like a winner waiting another bid, IMO.
The above is clearly a "Tale of Two Stocks"
For CLIFFS it looks like the Best of Times. It keeps correcting and then going higher
NORONT seems to have trouble getting it " In- Gear " to sustain any real move, and raises questions of its liquidity should it have to fund a FREEWEST acquisition.
This question is really which one anyone wants if they get stock and not cash for
their FREEWEST shares. This doesnt even touch the question that many FREEWEST holders
are considering turning down both deals and seeing much higher bids in the wings.
As you can read from the polls, probably two thirds or better of the respondents say they would, could, or have held a MAJOR Mining Company, so to many, stock from a MAJOR may be an acceptable item if the "Price is Right".
A sizable number expect Noront may be as well, acquired by a Major. Therefore a cash offer might be attractive but is not a REAL clincher unless "The Price is Right"
Many of the RING of FIRE stocks are now and have been under long term accumulation.
For now, FREEWEST is "The Next Big Thing, in The RING", and this saga may draw out some, but perhaps clues exist as to what will take place next.
The polls on this blog will close in couple hours, and perhaps I can put up some new polls to get a feel for what we think is and should happen.
