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: Cliffs halts ROF development
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Nov 20, 2013 07:24PM
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Nov 20, 2013 08:00PM
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Nov 20, 2013 08:19PM
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Nov 20, 2013 09:09PM
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Nov 20, 2013 11:38PM

They specifically say they will keep their mining claims - " have no plans to sell its mineral deposits in the Ring of Fire"

However I expect money talks, so they will look at offers, since the company is cash strapped.

I wonder what the exact terms of the old agreements between Freewest, Spider, and KWG are, in relation to keeping work going on Big Daddy? At one point KWG was the operator on the claims, then CLF became the operator, and now, with work suspended they can't actually say they are holding up their end of the agreement re those claims --

"Cliffs Natural Resources said it has no plans to sell its mineral deposits in the Ring of Fire, and that the company is looking to still have dialogue with the Government of Ontario and other parties and First Nations around infrastructure."
Read more at http://www.stockhouse.com/companies/bullboard/v.kwg/kwg-resources-inc?postid=21925595#c45l2OCwPJGzg3A6.99
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Nov 21, 2013 09:17AM
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