CLASSICAL ECONMIC'S, - ECON 101 -> Historically speaking

Classically in economic's, once a commodity or mineral became MORE AVAILABLE, its uses and markets expanded. Therefore uses for STAINLESS will expand and their [ CLIFFS ] marketing and promotion will help the steelmakers expand the stainless makets. Maybe ships will be next? Imagine a use for stainless that has as yet not been developed due to the economic penalty for using it. Everyone wants to use MORE Stainless, not less but so far, competition from other materials has been one factor holding it back. With the exploitation of BLACK THOR that will begin to change, IMO,

Given all of the above, it is quite possible that obtaining the BLACK THOR and maybe associated deposits, could over time, help CLIFFS double its financial size and power, IMO.

So many things in economic history have expanded markets as it became cheaper and available, th at it seems unlikley that this will perform in any differing fashion.

Remember the "DeLoran", that stainless skinned car? Maybe plastics will remain better. Hard to emphasize how much steel shipping uses, imagine the tonnage of plate? No doubt technological challenges would arise, but of course that is what engineers of all kinds live to resolve. Humanity moves forward, inexorably.......  As with the chart above, as the blue line moves to the right, and the supply of stainless increases, the demand for it will increase also if we graph the price.............thats my idea of what could happen here.  CHROME, Stainless, steel, all steelmaking minerals.  Cliffs has coke, coal, iron pellets,  Soon it could have all the components to suppy the stainless steel Markets.  Cliffs Natural Resources.   Freewest Resources, Spider Resources, KWG Resources, Probe Mines and FANCAMP Exploration all have the necessary stuff for cliffs to do that with.  Lets see who gets offers.............

Drilling Season is upon us, in the RING of FIRE

and everyone from the Major Major to the tiniest of Juniors are playing close attention to the current tidal wave of interest in the mineral values in the RING.

Who started what doesn't matter as much as who gets what. Who gets what has been
the primary element of the struggle to - date.

Noront announced its unsolicited all stock offer [ 1 share of Noront for each 4 shares of FREEWEST ][ as unissued, this would have resulted in a 1/3 dilution for all shareholders, new and old ] in early October and was greeted with great skepticism by both the Market and FREEWEST Holders. FREEWEST management was more direct and called for an outright rejection of the offer and advised against tendering any shares to Noront. While Noront has not publicized how many shares it did obtain, subsequent events seemed to make this offer untenable, as FREEWEST's price moved far and away better than Noront would have penciled out to be.

FREEWEST and its holders maintained that CLIFFS [ former CLEVELAND-CLIFFS ] of Cleveland, Ohio, had the inside track and would make a superior offer to Noront.

On Nov 23rd, FREEWEST CEO "Mac" Watson, announced just such an offer by CLIFFS, with an estimated value of 70 cents per share of Freewest, for their RING of FIRE
Chromite properties. That is where it stands as of this moment. Theoretically, the NORONT deal is open until Noront says it is not, or until the FREEWEST stockholders vote on the CLIFFS deal. That part is about 6 weeks out. So for a minimum of 6 weeks there is going to be a virtual donnybrook about the values attached to RING of FIRE Properties, the bidders and those sought after. More will be posted here about such.