Massive Black Horse Chromite Discovery

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

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Message: Re: Every turkey has a wish bone......realistica...

Hi SRV

I think you maybe right on the 8-12 month .25 - .30 scenario, but, and I say but, there are two key things happening right now, over and above what Canada Chrome, Kwg and Cliffs are doing.

1) The attempt of Noront's takeover of Freewest.

2) UC Resources drill result on the west side.

Both of these can very well move KWG on the upside.

We don't know what Noront's bid is going to be, even thou they say 4 for 1, or they may raise the bid, but until they do, this should keep KWG on the upside.

UC Resources seem to be onto something, here is part of the Oct News Release..

These targets are situated directly within a highly magnetic "Bull's-Eye" structure situated along a linear magnetic feature that was outlined by previous Aerotem and VTEM surveys, as well as our recent ZTEM survey. The near surface targets are highly conductive and situated directly over a deeper target of lower conductance that has been traced by ZTEM for greater than ten kilometers in length and up to three kilometers in width.

Final assay results from our recently completed three hole drill program have not been received as of yet as some expanded assays were requested based on initial results.

For complete News Release go here.

http://agoracom.com/ir/ucresources/forums/discussion/topics/369279-uc-resources-prepares-for-more-drilling-in-mcfaulds-lake-property-package/messages/1232124#message

If and when these drill results come out, which I think will be positive, as they requested further details on them.

I believe will move Kwg Resources on the upside again.

Just my opinion.......RL

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