Massive Black Horse Chromite Discovery

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

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Message: Re: KWG and SPQ
2
Mar 12, 2010 07:41PM
2
Mar 17, 2010 07:40PM

Greetings RS!

"Could the SP's of both SPQ and KWG have been manipulated down to 10.5 cents with the help of CLF so that if an Offer from Cliff is presented, the price now would only start in the 15 to 20 cent range. If both SPQ and KWG ran and stayed at 20 cents or higher, Cliff's Offer would obviously have to be greater than 20 cents."

Funny, I was just thinking along the same lines. Bought a few more KWG the other day at .135 . Was considering Spider but went this way because of CCC and the rail connection. Not to say that Spider would not be good at this time. Looks like the same float for both, and the JV thing is on the Spider side. Just gotta see how this one plays out!

Regards AZUZA (Art)

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