Massive Black Horse Chromite Discovery

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

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Hi Thistime , my take on all of this is KWG,NOT,FWR,SPQ will all be winners when this is all said & done imo . I think Cliffs will continue to buy as much of the ROF as they can get there hands on . I also think other Major's will be a big factor in all of this . As to whom will get the biggest piece of the pie , i hope we see a bidding war for all of the ROF properties .

Bmk i think will sell there rof holdings as it looks like they have moved on to a different property for the time being .

KWG : has a good upperhand with Cliffs buyin for sure , definate WIN WIN .

NOT : is playing there HAND , secret but i think a BIG WINNER in the end .

FWR : i like there management style very much , great properties, huge potential .

SPQ : great potential , with PP monies .

I think possible mergers can be a good thing , KWG has a lot of clout with Cliffs involvment .

It will be interesting how this all plays out .

This is all imo , not investment advice .

GLTA Gramps

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