WE are the FREEWEST FAIR OFFER MOVMENT

WHO are we…. The FWR Fair Offer Movement

We are a large group of long time investors and shareholders In Freewest Resources Cda , a TSX listed Company , who are seeking “Fair Value” for our shares of FWR.
The above noted Freewest Res. a Canadian-based mineral exploration company has for some time now been drilling for Chromite, a rare and strategic metal ,absolutely needed for making Stainless Steel, 30% of Stainless Steel is made up of Ferro Chrome, Recently FWR announced they have what amounts to a world-class “high grade and high-quality “Chromite” Deposit located in Northern Ontario.

Thursday, January 21, 2010

Attention Freewest shareholders who have not yet voted

THIS IS A CORRECTION.  IF YOU HAVE NOT VOTED YET, PLEASE SEE THE PREVIOUS POST FOR INSTRUCTIONS ON  HOW TO MAKE SURE YOUR SHARES ARE VOTED THE WAY YOU WISH BY A FFOM PROXY PERSON AT THE MEETING  MONDAY JAN 25

Wednesday, January 20, 2010

ATTENTION FREEWEST Stockholders VOTING at MEETING

FREEWEST Shareholders can still vote “Against” till Sunday Jan 24/10

Freewest shareholders that could not vote “against” after Jan 20, can now vote “against” by following these instructions.

1. photocopy both sides of the proxy,or proxys, in case of more than one account

2. Give authorization to Mr. Serge Brunet  to vote for you, at the Jan 25 Meeting.

3. Mr. Brunet will be personally attending said FWR meeting on Jan 25/10, in Montreal as a representative of our Freewest Fair Offer Movement.

4.  Email Mr. Brunet ….ffom@live.ca….or Fax to :450-777-1197

IF you are dissatisfied with Cliffs unreasonable offer of $1 per FWR share, then please vote thru Serge Brunet , as above noted as soon as possible. Every single vote counts, and please remember that unless you actually vote , your vote will not count at all.

Email Mr. Brunet ….ffom@live.ca….or   Fax to :450-777-1197

Freewest Fair Offer Movement

Monday, January 18, 2010

ATTENTION FREEWEST STOCKHOLDERS

for the stockholders who are not members of any message or dicussion board, you may have your NO VOTES tallied by contacting Serge Brunete at his email dedicated for this purpose: ffom@live.ca

Thursday, January 14, 2010

Letter to Quebec Securities Commision,




Quebec Securities Commission
800, square Victoria, 22
e étage
C.P. 246, tour de la Bourse
Montréal (Québec) H4Z 1G3
Phone: 514 395-0337
Fax: 514 873-3090

Elsewhere : 1 877 525-0337


Bureau de décision et de révision en valeurs mobilières/Hearings
Me Cathy Jalbert Lawyer
500, boulevard René-Lévesque Ouest
Bureau 16.40
Montréal (Québec) H2Z 1W7
514 873-2211

cathy.jalbert@bdrvm.com
RE: Freewest Resources FWR TSX.V
Dear Sir, Madam:


We are a large group of FWR shareholders who have recently formed The FWR Fair Offer Movement also known and herein referred to as FFOM.


We come before you and request that you redress the following two complaints:


1/ We have not been provided, with an independent valuation of our companies assets in a timely manner, rendering us unable to make a proper decision as to their disposition.


2/ The company attempting to acquire FREEWEST, has in violation of a “HOLD STILL” period, acquired substantial shares to vote in their own interest.








WE THEREFORE REQUEST THE QUEBEC SECURITIES COMMISION DECREE THE FOLLOWING:


1/ Provide that an independent valuation of shares, in the form of a NATIONAL INSTRUMENT 43-10 be in the hands of all shareholders a minimum of 30 days before any voting can be tallied or decision to dispose be arrived at thru a vote of said shareholders.


2/ Prohibit the voting of any FREEWEST shares acquired by CLIFFS
their partners, officers of allies AFTER November 22, 2009


Specifying the procedures and conditions above will allow a free and fair vote equitable to all parties, bestowing no unfair advantage upon either.


Pursuant to discovery of a world class, possibly the largest and purest deposit of chrome ore in the world, we have requested and been denied
a through and independent evaluation of this deposit, in spite of two competing offers by other companies for FREEWEST Resources.
We believe that fair play requires we have this submitted for our use long before we are required to make a decision upon the disposition this deposit and possibly the entire company


This deposit is described by Ont. Minister Grazelle, as not only World Class, but also comparable in value to the Sudbury deposits, in terms what richness and jobs and development they will bring to Northern West Ontario. By Cliffs own calculations, they advertised that they would add $1.5 Billions dollars$$ per year to their bottom line sales, between 50 and 100 years.


OUR FURTHER COMPLIANT IS THAT Cliffs “ did improperly and likely unlawfully exercise 6.9 Million shares on Dec 11/2009 at a price of 60 cents,
In light of the HudBay Minerals VS. Lundin Mining, acquiring or exercisingwarrants to acquire AFTER an offer, friendly or hostile, during a HOLD STILL period then in effect, is in fact, wrong and illegal, according to the HudBay precedent.


The facts are that this occurred AFTER CLIFFS made an offer to FWR of 90 cents,and therefore have “hold” period to Mar 30, 2010…Also on December 01/2009, Cliffs also was awarded/exercised an additional 7, 375,000 shares of FWR at 45 cents, and therefore it has the same “hold’ period.. Since no funds not already in FREEWEST's treasury have been spent on ”proving up” more discoveries in FWR properties, we see the only pointof that placement as giving CLIFFS more share to vote upon acquisition on of FREEWEST. WE know they sent 400 assays for PGEs, we know they drilled and found Ni CU Pges but not a single word about all these new findings….The vote on said Cliffs offer is scheduled for Jan 25, 2010., and they will vote those 14 + million shares for their own interest.


Therefore our complaint is that Management of FWR is withholding very important information about our “true value” and that certainly cannot stand…Their first duty is to FREEWEST SHAREHOLDER.




The second Complaint as outlined above deals with the voting rights of these very recently acquired 14, 483 millions of shares…which as outlined below in FWR News Releases have a hold period until March 2010. But more importantly, the law has now been established in the Matter of Hudbay minerals copied below,with regards to these cases . .
that HudBay has agreed to vote the 19.9% of the common shares of Lundin acquired by it pursuant to the private placement, in favour of the Transaction. In our view, HudBay has a different, and potentially conflicting, interest in the outcome of that vote, relative to the other Lundin shareholders. In our view, having acquired those shares as part of a private placement connected to the Transaction, HudBay should not, as a matter of principle, be permitted to vote them in favour of the Transaction.”
In the same way in this case Cliffs has potentially conflicting interest in the outcome of this Cliffs vote, relative to other long time FWR shareholders, since on average only paid less than 50 cents for these new shares, on a private placement directly connected to this transaction…In this Cliffs should NOT be allowed , as a matter of principle , should not be allowed to vote these shares in favor of their agreement with FWR.


Unlike HudBay, we are raising this Cliffs “voting shares” issue now, so as to inform the Courts that we are totally against this so called agreement with Cliffs, and that we strenuously oppose Cliffs voting said 14 Million plus shares for their own Offer, in which we FWR shareholders had absolutely NO say .


Sincerely, 
STOCKHOLDERS For a FAIR OFFER, of

FREEWEST RESOURCES of CANADA Inc.

Sunday, January 10, 2010

NewsPaper Article in Support of Letter to QSC

Freewest Completes $4.1 Million Private Placement To Cliffs Natural Resources Inc.

  • Freewest issues 6,908,440 shares to Cliffs at a price of
    .60 per share, for proceeds to Freewest of $4,145,064
Montreal, Québec, December 1, 2009 – Freewest Resources Canada Inc. (FWR: TSX-V) announces that it has completed its previously-announced private placement to Cliffs Natural Resources Inc. (NYSE: CLF; Paris: CLF) by issuing 6,908,440 common shares to a wholly-owned subsidiary of Cliffs at a price of
.60 per share, for proceeds to Freewest of $4,145,064.
The proceeds from the private placement will be used by Freewest for working capital purposes and for continuing work on Freewest’s 100%-owned McFaulds property. As a result of the private placement, to Freewest’s knowledge, Cliffs indirectly holds 21,658,440 Freewest shares, representing approximately 9.73% of the 222,033,479 shares that are issued and outstanding.
Under applicable securities legislation and the policies of the TSX Venture Exchange, the foregoing shares are subject to a hold period expiring on March 31, 2010.
About Freewest
Freewest is a mineral exploration company actively exploring for gold, base-metals and chromite within eastern Canada. Corporate information can be accessed on the Internet at www.freewest.com. Freewest’s shares are listed on Tier 1 of the TSX Venture Exchange under the symbol FWR.

Freewest Announces Exercise Of Warrants By Cliffs Natural Resources Inc.

  • Freewest to issue 7,375,000 shares to Cliffs at a price of
    .45 per share, for proceeds to Freewest of $3,318,750
Montreal, Québec, December 1, 2009 – Freewest Resources Canada Inc. (FWR: TSX-V) announces that it has been notified by Cliffs Natural Resources Inc. (NYSE: CLF; Paris: CLF) that Cliffs intends to exercise all of its 7,375,000 Freewest warrants at a price of
.45 per share. Upon the exercise of the warrants, Freewest will receive proceeds of $3,318,750. Cliffs acquired the warrants in June 2009 as part of a $5.16 million private placement with Freewest.
The proceeds from the exercise of the warrants will be used by Freewest for working capital purposes and for continuing work on Freewest’s 100%-owned McFaulds property.
Upon the exercise of the warrants, to Freewest’s knowledge, Cliffs will indirectly hold 29,033,440 Freewest shares, representing approximately 12.65% of the 229,508,479 shares that will be issued and outstanding.
About Freewest
Freewest is a mineral exploration company actively exploring for gold, base-metals and chromite within eastern Canada. Corporate information can be accessed on the Internet at www.freewest.com. Freewest’s shares are listed on Tier 1 of the TSX Venture Exchange under the symbolHere is a simple way to calculate FWR value is:

1. Total Chromite tons...I have submitted that in total that FWR's, Black Thorto the 1000M level will have 250 Million Tons, Black Label will have 125 Million Tons also to 1000m, and 40% of BIG Daddy, to 1000M, 60 Million Tons,

For a Grand total of 435 Million tons of High Grade Chromite


Now of course this is my conservative estimation from the known Geology and only to a depth of only1000M, We all know that some deposits at ROF go much deeper like 2000 or 3000 meters...
Now if we take again conservatively , a total Tons of 250 Million altogether. , we want to be "reasonable" after all, we know that from CLIFFS own numbers they advertised that it would take 2 Milliion Tons of Chromite, to make about 1 Million tons of Ferro Chrome....

SO 250 mIllion divided by 2 equals 125 Million tons of Ferro Chromw....Now let's use a conservative price for this Ferro Chromeat 1$, or $2000.00 a Ton...SO 125 Million Tonsx $2000.00 equals $250,000,000,000.00 or
$250 Billion Dollars...These numbers are all derived from Cliffs, The Total Tons is much underatted, in order to be "reasonable....So any way you count it we FWR are worth $250, Billions Dollars...Given a simple 10% in situe, will mean $25 Billion Dollars=10% in situ....., now this $25 Billions divided by 200 MIllion shares of FWR, Cliffs shares don't count, comes to $125 dollars per share...So now we can see the true value of FWR just on 10% in situe value....this 10% in Situe is the average calculated figure in the Mining "
business'.

Now of course we can be even more reasonable and only request half of that or 5%in situe value which will be $62.50...Again $62.50, with just paying us 5% in situe value for Tonnage....Now also remember this amount does NOT include all other FWR assets, cash stocks owned, or other richest found in said calims, like MMS NiCU, and of course all the PGEs....

FWR Fair Offer Movement























 

Letter to Quebec Securities Commision

This is a letter you may reproduce to send to the QSC as an individuals, which will go a long way to establish how the individual shareholders are feeling and what they think is RIGHT.   According to the HudBay case, it has been established by precedent that letting CLIFFS vote the PP shares and shares acquired by warrants
after their offer is simply WRONG, Wrong, wrong and should be disallowed.

"January 10, 2010

Quebec Securities Commission
800, square Victoria, 22e étage
C.P. 246, tour de la Bourse
Montréal (Québec) H4Z 1G3
Phone: 514 395-0337
Fax: 514 873-3090
Elsewhere : 1 877 525-0337
Office Hours
8:30 to 17:00

Bureau de décision et de révision en valeurs mobilières/Hearings
Me Cathy Jalbert Lawyer
500, boulevard René-Lévesque Ouest
Bureau 16.40
Montréal (Québec) H2Z 1W7
514 873-2211
cathy.jalbert@bdrvm.com
RE: Freewest Resources FWR TSX.V
Dear Sir, Madam:
We are a large group of FWR shareholders who have recently formed The FWR Fair Offer Movement also known and herein referred to as FFOM.
FWR has recently discovered new MAJOR Chromite World Class Deposits in their claims at the “ring of Fire” .These deposits have an estimated value conservative speaking, of $250 Billions dollars and a lifetime of about 100 years of mining 2 to3 Million tons of Higher grade Chromite per year. No one has done an official, formal valuation or appraisals of all FWR assets, even their CIBC advisers state on P3C, Proxy Circular…
“ we have not been asked to prepare, and have not prepared a formal valuation or appraisal of any of the assets or securities of the company (FWR). FWR is refusing to deliver to us shareholder, a full NI43-101, which they promised would arrive before Xmas/09. FWR stopped all work and drilling on said properties, for the sole purpose to deny shareholders and potential other bidders, of this vital information/data, so that the Markets could “value” FWR on it’s true World Class Chromite Deposits, described by Ont. Minister Grazelle, as not only World Class, and also comparing these deposits in value to the Sudbury deposits, in terms what richness and jobs and development they will bring to Northern West Ontario. By Cliffs own calculations, they advertised that they would add $1.5 Billions dollars$$ per year to their bottom line sales, between 50 and 100 years. This is how rich these deposits really are…I have attached below, 2 Newspaper articles by Cliffs to this effect.
OUR Complaint is two fold….Cliffs “improperly and likely unlawfully exercised 6.9 Million shares on Dec 11/2009 at a price of 60 cents, this is after they had an offer to FWR of 90 cents, these have a “hold” period to Mar 30, 2010…Also on December 01/2009, Cliffs also was awarded/excersised an additional 7, 375,000 shares of FWR at 45 cents, WE presume it has the same “hold’ period.. NOT one penny of these funds have been spent on ”proving up” more discoveries in FWR properties. WE know they sent 400 assays for PGEs, wew know they drilled and found Ni CU Pges but not a single word about all these new findings….The vote on said Cliffs offer is scheduled for Jan 25, 2010., and they intend to vote those 14 + million shares for their offer.
Our first complaint is that Management of FWR are deliberately withholding very important information about our “true value” and that certainly cannot stand…Their first duty is to the interest of shareholders, and not Cliffs. We were not at all consulted about any of the so called “agreements/obligations” to Cliffs…
Cliffs has made what we consider a puny offer of $200 Millions not in cash, but in Cliffs stock, which works out to $1 in Cliff stock….WE nearly believe this offer is outrageous, when considering the true value of FWR, a short note on it’s value is attached below. Conservatively FWR is worth $250 Billions, so IF we take a 10% in situ value, as is common in the industry, then FWR is worth 25$ Billions$ and not the $200 Million Cliffs is offering.
The second Complaint deals with the voting rights of these very recently acquired 14, 483 millions of shares…which as outlined below in FWR News Releases have a hold period until March 2010. But more importantly, the law has now been established in the Matter of Hudbay minerals copied bleow,with regards to these cases . .
“that HudBay has agreed to vote the 19.9% of the common shares of Lundin acquired by it pursuant to the private placement, in favour of the Transaction. In our view, HudBay has a different, and potentially conflicting, interest in the outcome of that vote, relative to the other Lundin shareholders. In our view, having acquired those shares as part of a private placement connected to the Transaction, HudBay should not, as a matter of principle, be permitted to vote them in favour of the Transaction.”
In the same way in this case Cliffs has potentially conflicting interest in the outcome of this Cliffs vote, relative to other long time FWR shareholders, since on average only paid less than 50 cents for these new shares, on a private placement directly connected to this transaction…In this Cliffs should NOT be allowed , as a matter of principle , should not be allowed to vote these shares in favor of their agreement with FWR, and the puny offer of $1 in Cliff stock.
Unlike HudBay, we are raising this Cliffs “voting shares” issue now, so as to inform the Courts that we are totally against this so called agreement with Cliffs, and that we strenuously oppose Cliffs voting said 14 Million plus shares for their own Offer, in which we FWR shareholders had absolutely NO say in it at all.


DECISION OF THE ONTARIO SECURITIES COMMISSION
IN THE MATTER OF HUDBAY MINERALS INC.
AND
IN THE MATTER OF A DECISION OF
THE TORONTO STOCK EXCHANGE


F. Additional Comment: HudBay Voting of Lundin Common Shares
[49] As an additional comment, we note that HudBay has agreed to vote the 19.9% of the common shares of Lundin acquired by it pursuant to the private placement, in favour of the Transaction. In our view, HudBay has a different, and potentially conflicting, interest in the outcome of that vote, relative to the other Lundin shareholders. In our view, having acquired those shares as part of a private placement connected to the Transaction, HudBay should not, as a matter of principle, be permitted to vote them in favour of the Transaction.
[50] We recognize in expressing this view that it is probably a foregone conclusion that the Lundin shareholders will approve the Transaction regardless of whether HudBay votes those shares. This issue was not raised in the Application and, accordingly, was not addressed by any of the parties in their submissions. We are not making any order or determination based on this matter; we are simply expressing our view.


















Monday, January 4, 2010

Just a little summary


Lets see.  Who is on FIRST ?  Well FREEWEST RESOURCES of CANADA INC had been.

  Then it seemed like Noront Resources. 

Then CLIFFS Natural Resources.

 Today I think that baserunner is the FREEWEST
FAIR OFFER MOVEMENT.

  We can use just the BLACK THOR Deposit, but we also recognize that Black Label,
and Big Daddy are also going to play important roles in this genesis.

BLACK THOR itself is over TWO and a HALF Kilometers LONG. ONE point SIX Miles LONG
Open at Strike and Depth for 2.6 Kilometers.
BLACK THOR Alone.   The assessment of Black Thor uses a 400 meter depth, yet the deposit is thought to exist to 900 meters,
Again, BLACK THOR alone.  BLACK LABEL has been estimated by FREEWEST RESOURCES of CANADA INC, to contain about 70% as much CHROME ORE TONNAGE as BLACK  THOR, so totaling those estimates is best left to your imagination, as the size of this deposit is mind-boggling.  Again, Black Label is open at strike and length, which leaves us with an unknown amount of chrome ore.

    According to the Company, 50 of the 54 holes hit significant chromite condentrations, hardly ever found in mining history a 93% hit ratio.  Read the company literature from the links and it becomes even more convincing that this particular ore body, in this writer's opinion is, historic, and will ouflank even Voisey's Bay in regard of economic value to Canada.

   None of  this addresses the companies other geological or investment holdings, which, in savvy opinion of the stockholders, hold great value.
   Befitting a Sherlock Holmes story, this will play out.  Diamonds, Gold, Platinum, PGE's, PGM's, Copper, Nickel, all in the Ring of Fire.  KWG, PRB, FNC, SPQ, all now shakers and movers, from very small explorers, a huge pit mine possible, a Rail Road courtesy of Canada Chrome Corp.  Its all here.
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Sunday, January 3, 2010

CLEVELAND is VERY Happy about the FREEWEST DEAL - > see ? ?

Cliffs Natural Resources expects big return from chrome deal in Canada

By Robert Schoenberger, The Plain Dealer

November 23, 2009, 3:03PM
CLEVELAND, Ohio -- In a move that could raise company revenues by as much as 42 percent by 2015, Cliffs Natural Resources has agreed to buy a Canadian minerals exploration company, giving it access to what it hopes are huge deposits of chrome in Ontario.

"It's a very big project that we've embarked on," Joseph Carrabba, chairman, president and chief executive of the Cleveland mining company, said today during a conference call with stock analysts.
Freewest Resources Canada is an exploration company that has discovered large deposits of chromite in Ontario, north of Thunder Bay. Cliffs plans to buy Freewest for $118 million. It will take the company's chromite holdings and spin off the rest of the company.
Carrabba said taking over Freewest's mineral rights will kick off a five-year process that he expects to cost as much as $800 million. Cliffs plans to build several chromite mines in Canada and several smelting facilities along the northern shore of Lake Superior to process the ore into ferrochromium -- a key ingredient in stainless steel.
Cliffs plans to mine 1 million to 2 million tons of chromite per year and use that to produce 400,000 to 800,000 tons of ferrochromium.
Cliffs executives said the project could bring in $1 billion to $1.5 billion per year by the time the mines and processing centers have been completed.
In 2008, Cliffs' total sales were $3.6 billion, so a $1.5 billion increase would represent nearly a 42 percent jump.
Carrabba said the project was exciting for Cliffs for several reasons. While it already sells iron ore to several steel producers, getting into chromium would give Cliffs access to stainless steel producers, a new market.
Also, most of the world's chromium comes from South Africa and Turkey. Having a huge supply in eastern Canada would be attractive both to North American stainless steel producers and to companies in western Europe that are looking for more politically stable supplies of commodities, Carrabba said.
With the purchase agreement in place, he said, it should take Cliffs about three years to finish environmental permitting and project planning in Canada. Construction should begin in 2013 or 2014 and mineral volumes would start shipping in 2015.
Most of the $800 million that Cliffs expects to spend would come in 2013 and 2014, he said. He added that Cliffs may have to raise cash or take on partners in a few years to pay for the project

A Real DEAL, based on Real VALUE, thats where the deal starts

So based on the value of the deposits and the inadequate $1.00 offer, 

    WE SAY THE BUCK STOPS HERE ! ! !  



We are organizing to defeat Cliffs current “puny” offer by voting a resounding “NO” and advising others to also vote NO…We have absolutely nothing against  Cliffs per say, we agree that Cliffs could be the right Company to bring these superbly rich deposits into production, however NOT by buying FWR shares at $1 in Cliffs stock…This “deal” must be based on the “REAL” value of said FWR Rich Deposits, and not on some “unreasonable” number…FWR was due to release a instrument NI 43-1101 on at least Black Thor, and they promised to do so before Xmas 2009….Why not release all the data/information to the public and other interested parties?.....This is one of the primary reasons we have started this Fair offer movement, we must know what these FWR Deposits are worth, before making a reasonable $dollar amount….and certainly 1$ in Cliff shares does NOT even come close to FWR’s rich deposits “TRUE Value”….

IS the WHITE KNIGHT really the IRON FIST in the VELVET GLOVE ? ?

Cliff Natural Resources Inc. believes that the purchase of this “robust deposit” would increase their sales revenue dramatically as noted above, $1.4 Billions$$ per year in added sales, for the next 50 to 100 years, these deposits being so large, hundreds of millions of tons, and only mining approx 3 Million tons a year of High Grade Chromite  to process into 1 Million tons of Ferro Chrome.
     Based on Cliffs own advertisements, they intend to produce about 1 million Tons of Ferro Chrome from about 3 Million Tons of FWR high grade  Chromite, and thus expects to add to their annual sales $1.4 Billions$$...this is at 80 cents a pound for Ferro…It’s now much higher, and expected to go back to it’s high of about $2.50/pound…So some unbelievable “riches” will be made from these FWR+ Deposits for 50 to 100 years of production…..

Meanwhile back at the CHROME FARM

The other supporting players move into place and another deposit comes into play.

 Drilling on the adjacent Spider (30%)-KWG (30%)-FWR (40%) joint-venture property is generating comparable widths and grade of Chromite mineralization.”  This deposit called Big Daddy, based on Geophysics, has been defined as an extension of above notes 2 Deposits, so that all 3 deposits are related and are thought to be derived from the same “mother” source. It extends for at least 1300 Meters in length, and is open on strike and at depth. .Big Daddy also contains Platinum Group Elements associated with the Chromite, and possibly on their own..

NOW FOR THE JUICY DETAILS - > WHO IS WHO AND WHO IS WHAT

THE PLOT THICKENS, CLIFFS RESOURCES WANTS THE CHROME, CHALLENGES Noront


On November 23, 2009 Cliff Natural Resources Inc had entered into a bidding war with Noront that had only lasted a few rounds, since Cliff Natural Resources is a much bigger mining company, with more assets, and therefore Cliffs “ friendly bid,”  worth about $200-million in stock, and as of now is the only offer so far on the table. The offer translates to a very unfair $1.00 in shares of Cliffs. This rare and strategic very profitable mining opportunity in good old safe Canada, with ready markets for Ferro Chrome., a metal “crucial” in the production of Stainless Steel, 30% of Stainless Steel…Below is a  attached article from “miningweekly.com” one of many  interviews with Cliffs, that reiterates most of what I have outlined above, and has driven Cliffs share price from $20’s to almost $50, solely based on this FWR derived very rich revenues…



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HERE IS THE SECOND RESOURCE, Black Label

BLACK LABEL DEPOSIT

About 300 Meters West of Black Thor, still in 100% FWR claims a Second major deposit has been discovered., called Black Label, although little drilling has been completed here,  it’s thought to be an extension of Black Thor and therefore will have similar grades, and approx. 70% size of Black Thor. Both Black Thor and Black Label also contain Platinum Group Elements associated with said Chromite.

 Drilling on the adjacent Spider (30%)-KWG (30%)-FWR (40%) joint-venture property is generating comparable widths and grade of Chromite mineralization.”  This deposit called Big Daddy, based on Geophysics, has been defined as an extension of above notes 2 Deposits, so that all 3 deposits are related and are thought to be derived from the same “mother” source. It extends for at least 1300 Meters in length, and is open on strike and at depth. .Big Daddy also contains Platinum Group Elements associated with the Chromite, and possibly on their own..

WHY WE think a FAIR OFFER needs to be IN play - HERE IS THE FIRST RESOURCE - BLACK THOR

BLACK THOR DEPOSIT


These  Chromite deposits number at least3 of them Black Thor, the largest, Black Label , both in FWR ground, and Big Daddy deposit again large, located adjacent to FWR claims, and a joint venture between FWR 40%, SPQ 30%, and KWG 30%.
“The Black Thor Chromite Deposit on Freewest´s 100%-owned McFaulds/ROF property continues to generate exceptional widths of high-quality Chromite.

Highlights include 40.4% CR2O3 over 46.3 meters (included within a wider zone assaying 30.1% CR2O3 over 100.8 meters), 30.4% CR2O3 over 50.1 meters (included within a broader intersection of 21.4% CR2O3 over 109.7 meters) as well as 30.7% CR2O3 over 23.3 meters and 30.0% CR2O3 across 17.3 meters (both included within a wider zone assaying 21.3% CR2O3 over 92.4 meters). Drilling has identified Black Thor over a 1700-metre strike length and over an average true width of 50 meters, remaining completely open along strike and to depth. Based on robust widths and the indicated strike length, the goal of delineating 100 million tons of high-quality high Grade Chromite is felt to be easily attainable, to a depth of 350 meters. .It is believed by Geophysics studies, that this Black Thor Deposit is open to depth, and so could easily double to 200 Million Tons to the 900 Meters depth….