Massive Black Horse Chromite Discovery

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

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Ringer

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Re: Mining Minute - S2- Episode 8 - Debut Diamonds Inc. Update -mixed message?

posted on Mar 16, 2017 04:48PM

I for one am confused with Debut diamonds and KWG. Just recently they dumped their position in DDI as per this news release.....http://www.marketwired.com/press-release/kwg-files-notice-of-sale-from-control-of-debut-diamonds-cnsx-kwg-2148474.htm

KWG Files Notice of Sale From Control of Debut Diamonds

TORONTO, ONTARIO--(Marketwired - Aug. 5, 2016) - KWG Resources Inc. (CSE:KWG)(FRANKFURT:KW6) ("KWG") has filed a Notice of Sale from Control with respect to all of its 144,630,000 common shares of affiliate Debut Diamonds Inc. (CSE: DDI) ("Debut"). The notice provides that the shares will be sold either in whole or in part and either privately or through the facilities of the Canadian Securities Exchange stock market.

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It seems that KWG had no confidence in Debut or it would not dump its whole position.

What am I missing?

GLTA,

Ringer

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