Re: next offer

Massive Black Horse Chromite Discovery

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

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StevieRay

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Re: next offer

in response to

Re: next offer

MartinCharbonneau

posted on May 29, 2010 05:45PM

Cliffs offer of .13 cents for KWG valued them at $100,000,000. The 1% NSR over the life of the mine is worth well over that on it's own. Just gives you an idea of how low the .13 cent offer really is.