Massive Black Horse Chromite Discovery

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

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Message: WHY?

Does NOT CEO Alan Coutts go out of his way every chance he gets to try and put down KWG?

His speech March 7th PDAC contains the following comments -

"KWG's deposits are 400 metres below NOT and so NOT chromite will be mined first by the Chinese"

"The Chinese will contact NOT before they do any mining Network with KWG"

"Railroad might be something to look at in future, but said now is not the time"

We all remember when he outbid others for Cliff's assets, the first thing he mentioned was, he would be contacting KWG for discussions. Some discusions.

As for his remarks regarding the Chinese, I do not think Frank Smeenk went to China regarding the ROF to advance Norant's interest. My understanding is that the Chinese Delegation are coming at KWG invitation to arrange a partnership regarding chromite extraction and I did not see any mention of NOT in any of the press releases or comments regarding their visit.

We know the Provincial politicals love NOT and never mention the naughty word KWG, why remains a mystery. We can only soldier on, obviously in isolation at least as far as NOT is concerned and although it is admirable Frank keeps "turning the other cheek" at NOT's behaviour, the fighter in me prays he will give them back some of the venom they so freely give KWG every chance they get. rj

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Mar 08, 2016 01:56PM
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