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: Wynne discusses ONTC
7
Feb 05, 2014 04:17PM
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Feb 05, 2014 04:27PM
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Feb 05, 2014 07:51PM

Thanks lowboy. RoF in now on the map to stay!!!

"There is progress being made on these discussions, and not all of that is necessary public (...) Minister Gravelle is committed to making good decisions (...) Getting that infrastructure built is critical to accessing the resource (...)"

"We're looking on each part of the ONTC (...). In terms of freight rail, that's an area I think we need to really look at because as we develop the Ring of Fire, we need to make sure that we have the freight rail in place..."

This is a major statement. Major. Frank Smeenk is probably smiling listening to this. Major because this is a 180 degree shift with what was said earlier about the divestment, but more importantly because the way Mrs Wynne address the matter unvails the genuine commitment behind the scene. She has been briefed obviously that there gonna be a rail line up there, without any doubt, this is obvious from the words she uses...

I like the part when she compares Cliffs' retraction as a "blip on a screen"... And also when she insists on the fact that there are many companies involved out there. KWG and BOL - and certailnly NOT - were certainly circulating in her mind...

Is it me, or I could also feel an election flair in the air... The RoF could be on the front page for the months to come... Not bad for us long!!! Still at less than a nickel a piece, but for how long???

GLTA.

5
Feb 05, 2014 09:34PM
3
Feb 07, 2014 11:15PM
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