Massive Black Horse Chromite Discovery

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

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Message: THE START (Piece of the PIE)

THE START (Piece of the PIE)

posted on Jan 22, 2009 07:49AM

When I mentioned that someone finally poked their nose in the door, in this case it was CLIFFS NATURAL RESOURCES. I don't think for a minute that others have not been doing this all along, it is just that KWG for what ever reason felt this was right for them .

I believe that others have tryed to get a Piece of the Pie in the ROF but the price they were offering for their slice was not high enough or the Company was not willing to open their books to them at this time..

I would not be a bit surprised to see companys like Campanhia Vale Do Rio Doce (Val Inco) or Xstrata go for a slice or two. When Inco was taken over, the CEO of Rio Doce stated that they were very interested in all aspects of the mining sector in Canada from the grass roots up including the diamond plays.

This year could be very interesting in the ROF as others may now want a piece of this pie and if they don't start now they will miss the boat.

Just my feelings on this........RL

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