Massive Black Horse Chromite Discovery

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

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Message: Best One Yet

Today's Mining Moment is to my mind, one of the best, if not the best. Frank lays out that we are ahead of year-end projections to go to the Chinese Banks for the actual funding for the RR. On another matter, the constant Ask of sometimes, over 6 million shares @.03 day after day surely is killing any type of trading on the shares. It is a shame that these companies that KWG had to pay off in shares are willing to sell so cheap. It seems almost like we have been "blessed" with this scenario for a couple of years. Nothing, seems to get them to retreat and so we are in a real dead zone and watch the shares trade in the same range day after day. I don't know if, and when the Chinese Banks offer to finance the RR, it will be enough to move the shares upwards or we still remain where we are at present. Speaking for myself, personally, it is a real drag to try and remain positive, at least in the near future of any kind of stock appreciation, although if you can't maintain some kind of optimisim, you might as well sell and kiss off most of your ROF investment. rj

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