Massive Black Horse Chromite Discovery

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

Free
Message: Re: Some thoughts
11
Sep 28, 2009 06:51PM
Good to see you Romeo. Anything is possible on speculating price in next 3-6 months. However, I tend to share your opinion and have expected a buy-out price of 33c for quite some time. I won't be thrilled with the that, but it is 560% higher than today & many will take it in a snap, after the last year we've experienced in global markets. If a 33c take-out is proposed, it's very likely the price would temporarily go higher (into 40's) with investors hoping for better price.
Share
New Message
Please login to post a reply