FREEWEST now has experienced the Fourth [ 4th ] bid since the Oct 6th inception of this CHROME FARM Auction. Like all good auctions it starts out with a lot of jostling as the first bids come in. The Friedland experience is fresh in all participants minds, and the bidders mostly likely would care to avoid such a repeat. The Sellers, the FREEWEST Stockholders on the other hand are savoring a return to the racetrack atmosphere surrounding the final days of that time.
FORTY-THREE [ 43 ] days and counting. The market will have its say, opening this morning at 88 cents, high of 89, taking into account this latest bid. The CHROME FARM is clearly the prize, and so far, as in the opening stages of any great auction, the prices are just starting to arc upwards. I think when this is over,
Sotheby's or Christy's will be envious they didnt get a piece of this.
The bidding seems to have drawn the typical Bay Street cast, as well as representatives from Main St., Wall Street, and we shall see, is there someone in the back from The CITY ? Lots of would be bidders, but with a minimum of FORTH-THREE [43 ] days to run, I seriously doubt that there are many savvy sellers yet. Lots of back room side action, but no one wants to sell too early which may cause some more movement in the shares. The game is on !
