Re: Opinion of value

Massive Black Horse Chromite Discovery

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

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khareema

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Re: Opinion of value

in response to

Opinion of value

luckylou

posted on Jun 30, 2010 11:56AM

There isn't a whole lot that CLF can do to dispute the valuation. In the present situation, they more or less have to base their offer for KWG on this report, or walk. And they would open themselves up to a whole lot of ridicule in the marketplace if they do walk, but who knows.