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: Price
4
Jul 21, 2011 05:38PM

MD,

Do you think that they might have stopped (or taken a break) because of the attention that was brought to the recent unusual trading patterns...as well as the info from CIBC that single owners were trading within multiple accounts of theirs at what seems to be a loss.....

Possibility that those who were dumping shares to suppress the SP, have run out of inventory or have already transferred them once internally (from one account to another at a low price).

The trading patterns in the last few days have been much more typical of a situation like this one, where good news keeps coming out on A COMPANY that owns valuable assets. (aggressive bids and purchases with very little selling in between). Hopefully it continues until a TO or until April 2012 when all bets are off as to where it goes from there.

Good luck to you and all KWG longs

LP

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