Thursday, December 3, 2009
The CHROME FARM -> a review
Since there is no other known resource with the same unique characteristics, infrastructure, proximity to shipping or markets, now or in the future. Given the project, like all mining projects will take time, there are no fatal flaws in the way of this one, which is part of its uniqueness.
CHROME -> the source countries are not viewed as desirable or reliable sources, due to constraints in their supply and infrastructure, and costs.
FREEWEST CHROME FARM: yet to be developed but requiring no new technology, but rather capital inputs, will supply at least the Western Hemisphere with CHROME for the foreseeable future with chrome at market prices, profitable to its producer.
STAINLESS STEEL: As with all progress, there will be MORE stainless produced in the future not less, West or East. Who makes and uses stainless? The same old actors, the industrialized and industrializing. Lots of people around the world want to have stainless in their lives to improve it. We go forward from here.
PRODUCERS : Basically the CHROME FARM is irresistable to at least one of the MAJORS, IMO. One of them is going to jump, sooner or later. There is no current substitute for chrome, nor is there an available chrome deposit like the CHROME FARM.
So far we know certain "Indicator Institutions" are in there "bird-dogging" the way, kinda pointing what they think are good long holdings. Looking at Pine Tree Capital, we see they tend to be HOLDERS, rather than short-sellers, so they are not really what you'd call Heddgies, per se. The fact that PineTree is TSX traded is a plus. Now not exactly a vulture fund but a real BAY STREET BUDDY to who knows whom, my thoughts are that they are in it for the bucks, now or later. They bought FREEWEST for Cents. I dont think they will sell FWR for CENTS, I am more thinking that they want to sell FREEWEST for DOLLARS. In this respect you can say PineTree is calling FREEWEST, DIALING FOR DOLLARS. I want DOLLARS, not Cents. You want your nickle's, dimes and quarter to make DOLLARS ? ? ? PINE TREE CAPITAL DOES !
I wonder what major will be Our FIRST Dollar CALLER ?
Since the CHROME FARM has value to a minimum of a dozen global firms plus any number of nationally run funds, you have to wonder who will be our NEXT DOLLAR CALLER in the FREEWEST CHROME DIAL-IN DERBY??
Which institutions are dialing in now for blocks now that its hit FORBES magazine, online, and other financial news outlets.
Who is whispering in [ God Forbid ! ] JIM CRAMERS ears?? Look out Planet Earth, I think the CHROME FARM is gaining orbital escape velocity..........