Massive Black Horse Chromite Discovery

Black Horse deposit has an Inferred Resource Now 85.9 Million Tonnes @ 34.5%

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Message: up 12% today...

Re: up 12% today...

posted on Jul 26, 2008 05:01PM

KWG 4.5 cents x260 million= 11 million

KWG /SPQ are the only two companies that had hit some good assays results (even though it is not very significant yet )in mcfauld lake...

they may be situated within the ROF with many conduits underneath..

they are using almost the same team of experts /contractors with Noront.

KWG/SPQ /NOT has NN , the same persom that discovered the area

NN has good relationship with the First Nation

SPQ/KWG has a vast area with highest potentials after Noront

with time,they are the best candidates to be a buyout by Noront

since the cost of drillings are shared by FWR,SPQ,UC ...kWG can substain drillings for at least another year..( 450,000/month when drill)

Hope this time .with VTEM technology, we either hit NI or CR with an economical scale

going back to 15cents or 3 times from 4.5 cents is not far away..


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