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.............

"TWELVE WEEKS of M & A Activty in the RING of FIRE

RED=CHROME, BLUE=PGM's, YELLOW=NICKEL, GREEN=COPPER

OR

FWR=RED, FNC=BLUE, SPQ=YELLOW, KWG=GREEN

and so HAPPY HOLIDAYS TO ALL YOU AND YOURS. We sing our holiday song to the tune of
"The Twelve Days of Christmas" and we are so happy and grateful to be in the RING !

"On the 12th Week of M & A Activity, the RING of FIRE gave to us, 12 Juniors Staking"."

AND Two Improved Bids for FREEWEST, plus two new rumored "interested parties". Wow its beginning to look a lot like Christmas ! !

"On the 11th Week of M & A activity, the RING of FIRE gave to us, 11 Drillers Drilling" AND
an improved ALL-Cash offer for FREEWEST from CLIFFS. Wow, its beginning to really feel like Christmas ! ! !

I just bet you that some very big reindeer [ moose size maybe ] is gonna come in here with Santa riding on his back, with lotsa goodies for all those holding good RING of FIRE properties. So far FNC, PRB and FWR are getting the attention, but I want to see what Santa has for everyone. So far the Santa Radar only has FNC, PRB and FWR showing. Maybe more towards Chrimstmas some more will show up.

Be good and hold onto your shares, no matter who tries to take them from you, as SANTA KNOWS what is the RING of FIRE............... and "DADDY WONT SELL THE FARM"



HAPPY HOLIDAYS EVERYONE !!!

Now that was fun ! Its the HOLIDAYS, so lets sing

THE TAKE-OVER SONG which goes as follows:

"One the 12th week of TAKE-OVER, the RING of FIRE gave to me, 12 Juniors staking."

Now that one sounds like fun. Let see there was Rudolph, Prancer, Dancer, Donner and OOPS wrong song,. It is Freewest, Spider, Kwg, Probe, MacDonald, UC, Temex, Hawk, Baltic, Northern Shield, UC and Fancamp. Wow what an assortment !! And not even a complete list, right. Now who did we leave out? Noront? Well they are in the RING with a really huge land position.

Ok, so now, they have STAKED. And drilled. And assembled assays. So now what do we have? In real terms we have 10 years of boots on the ground. Ten years of exploration and drilling. What do we have? Diamonds? No, just signs. Copper? Yes significant signs. Nickle, same. Gold, silver? Well maybe some. Platinum group minerals and elements ? Yes we have lots of that showing.

So far there is one "Stand-Alone" deposit, that holds the potential for economic development now, and as the game progresses it now holds the extremely important spot of FIRST TO BE DEVELOPED. No doubt the other elements folded into this will come out in the fire also, to be sure.

This first deposit is truly an "ELEPHANT" and we can only eat an elephant one bite at a time. I seriously doubt we are past the 2nd bite yet,and so no one really knows its potential future pricing, as every parameter used in figuring the current deal is based on the lowest, most conservative values. We are also neither in Manic 2007, or at the peak of the steel market, both of which are coming again, IMO.

Interestingly, Probe & FNC are keeping pace with FREEWEST, while, SPQ, KWG, NOT, TME and BMK are holding their ground in spite of the TSX downturn.

With offers from CLIFFs and NORONT, FREEWEST is in new high ground for multi-year highs, extremely bullish and yet with a still good head of steam underneath it, perhaps indicating the market expects more, as in the 2nd round of a 15 round Headliner Match. Probe is exactly mimicing FWR while FNC is very positively related. As a rule, its understandable why interest is rising in the rest of the RING, but yet curious why KWG and SPQ are not showing the same zest as FREEWEST. Curious.

Just like when you field dress a big animal weighing tonnes, there is a lot left after the first steak. Stay tuned. I think I hear some big predators on the prowl out there. I cant see it clearly but I can hear them moving around.