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: news
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joe
Aug 02, 2011 07:29AM
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Aug 02, 2011 09:03AM
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Aug 02, 2011 09:42AM
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Aug 02, 2011 10:11AM
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Aug 02, 2011 10:16AM
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Aug 02, 2011 10:18AM
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Aug 02, 2011 11:11AM
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Aug 02, 2011 12:56PM
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Aug 02, 2011 04:27PM

My opinion is that KWG gave up far too much certain future revenue ( 80 years) for a mere $`18 million. If this was so good for us why did the sp not leeep up 2-3 cents today? IMO,we will not see any sp appreciation from this sale and Frank better use the $18 million wisely.

The Chromite mine is a certainty and giving up a guarranted 1 % NSR on all 3 deposits JUST DOES NOT MAKE LONG TERM SENSE.

Let Frank explain why he did it and how we will benefit exponentially ??

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