As Daffy plummets he mutters “it’s mine. all mine.” The lava subsumes him, leaving the ring floating on the lava. As the metal melts and becomes hot lava, the screen image tears and Porky pops up, waving bye. “th th th That’s all folks!” Fade to black. There are no credits.
The all important exchange with Daffy is missing however… “You jump into the lava with one ring!”
“No, you jump into the lava with the one ring!”
“No, you jump into the lava with the one ring!”
“No, you jump into the lava with the one ring!”
“NO! I’ll jump into the lava with the one ring!”
“NO! I’ll jump into the lava with the one ring!”
“NO! I’ll jump into the lava with the one ring!”
“NO! I’ll jump into the lava with the one ring! AND THAT’S FINAL!”
Yup, if Bugs is Frodo, Daffy must be Sam. Elmer Fudd can be Gollum.