Massive Black Horse Chromite Discovery

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

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Message: confussion

Kinda new at this game but I can't understand why the stock price is at $.11 when two seperate evalueations put the stock between $.27 and $.32 and rumours of a Cliff's offer at $.30. I also thaught we had more value than Spider and they ended up with a value of $.19. Is it that simple that KWG is undervalued at %.115 or thats what it is worth. Just trying to get a better understanding on how things work.

Thanks Mark

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Jul 21, 2010 02:56PM
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Jul 21, 2010 03:13PM
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