you now own a small round file. no magic involved: rubbing it against steel removes some of the metal. If you are skilled at holding it at a consistent angle, you can get a great edge. If less skilled, only a good edge. it helps to look at the edge under a lighted magnifier, and sculpt accordingly. I recently tried a smith sharpener system and it does better than I do freehand.
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Dance like you have never been hurt, work like no one is watching,love like you don't need the money.