Re: KWG Resources Inc.: Black Horse Option Term Extended(spoke to Bruce)
posted on
Mar 14, 2015 09:43AM
Black Horse deposit has an Inferred Resource Now 85.9 Million Tonnes @ 34.5%
In my opinion.....best we can do at this time.
Definitely not a game over senario... We will have the Blackhorse deposit.
Ok shared with Bold but not with Cliffs.. KWG made a deal with the devil a long time ago and now we still have to slay it. Almost done. I do believe help is on its way and changing exchanges is probably a good move.
The entire exchange (tsxv) is thought of as too risky for retail investors. Some small investors I speak too have no idea how to make money in mining and definitely not put there hard earned money on a junior minor. Not saying another exchange won't give us the same result but the Venture has lost 30 percent of its total value since this time last year. I believed mining stocks were cheap then. Now we can just fill up a the tsx venture trough whenever we earn another weeks pay. Maybe it is a good thing to switch exchanges.
I believe in the ring, I believe in Frank. I can do math I understand 800 million shares. That many more by the time we are in production. Yeah I said it production.
GLTA merjr