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

Who's Who in the Major Major Mining World

these guys are our audience of bidders plus the occasional wild card [ CLIFFS ];

MT - Mittal- Russian Steel producer;

AAUKY - Anglo - basic Oppenheimer / Rothschild archetype company, basic Euro Interests;

XSTRATA - oh yes just a little interest there;

VALE - Huge steel and ferro alloy company;

BHP - Again, only a little huge;

RTZ - Rio Tino has been seen nosing around the RING;

TCK - Home grown, TECK might not be a perfect fit, but they are big enough ;

Impala Platinum - they already have a piece of the action, looking for more?

I think that is a small sampling of whom is watching the RING of FIRE.

Their market caps run up to almost 200 BILLION, so no matter the crises there is cash and stock enough to buy this Whole RING of FIRE, when they so desire.

That is not a complete list and doesnt cover the governmental or nationally based funds, so there are lots, lots of potential bidders for the RING of FIRE.

That does not assume anyone wants to own a Major Major or even a Mid Tier Major but the value lies in how YOU get the value out of your RING of FIRE stock.

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.