Massive Black Horse Chromite Discovery

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

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Message: Still No Volume

All good points re: low volume.

I take a slightly contrarian view and see the low volumes as a good sign...people are holding onto shares of a good bet and solid mgmt team. There was not enough volume to drive the price up and not many were brave enough to put in higher bid orders but on the flip-side, not many were parting with their shares at 11 cents! Almost of 250,000 of the 280,000 shares that traded on the TSXV went at 11.5 (+0.005) versus open of 11.

As well, many ROF companies experienced low volumes today...Probe, UC, McDonald Mines...all were low volume today as well. Likely the macro pressures of Libya and Japan...all spooking investors.

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