Massive Black Horse Chromite Discovery

Black Horse deposit has an Inferred Resource Now 85.9 Million Tonnes @ 34.5%

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Message: CLF interested in selling RoF Chromite assets

This audio clip is quite interesting, thanks to MM, a fellow investor who sent the link via PM.

http://www.cbc.ca/news/cliffs-may-be-looking-sell-ring-of-fire-claim-1.2770880

Quite a few key players were in the clip.

- Moe Levigne (he was promoted by the CBC to President,... the last time I looked he's a VP, an oversight of the CBC): Moe was interviewed, and I paraphrased:

"Cliffs expressed interest that they seller of the chromite assets and asked if we are a potential buyer...and the answer was YES."

- Direct confirmation from CLF was not available, but CLF issued a note to the CBC talking general strategy (focus on iron ore in the US, exploring strategic opportunities to get best long-term values for other assets, including chromite, but have nothing new to report on this front).

- MPP Mike Mantha, NDP critic was interviewed (fairly lengthy interview)

- Our Minister Gravelle also issued a statement (blah, blah, blah)

Short audio. Have a listen to hear it directly.

It looks like things are getting moving, along with the appointment of the new Deputy Minister of ND&M.

goldhunter

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