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: Anonymous...
2
Nov 23, 2012 06:53PM

Kerry,

I don't think that it can be "CLF thinning their holdings'.

To my knowledge, Cliffs owns a significant share of KWG (just under 20%) and is therefore considered an insider. An insider cannot buy or sell a single share without disclosure, so unless Cliffs have done so, I don't think it is them.

Can anyone (with some level of securities understanding) support my thoughts?

Going long on KWG,

Keep Digging

1
Nov 26, 2012 10:40AM
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