Re: Did We Forget Someone... .."Canada Chrome Corp"......
in response to
by
posted on
Oct 27, 2009 04:42PM
Black Horse deposit has an Inferred Resource Now 85.9 Million Tonnes @ 34.5%
Hi Islandboy,
You Ask....
Do you think there is going to be some kind of play with CCC as the vehicle??
That is a very good possibilaty..
Here is some more to think about.......
MONTREAL, Aug. 11 /PRNewswire-FirstCall/ - KWG Resources Inc. (TSX-V: KWG) ('KWG' or the 'Company') is pleased to announce the appointment of Maurice J. Lavigne, P.Geo., as Vice-President of Exploration and Development of the Company and its operating subsidiary Canada Chrome Corporation. The well-known and widely-published former Ontario Resident Geologist at Red Lake and Thunder Bay had key roles in expanding North American Palladium's reserves at their Lac des Iles mine and in the subsequent feasibility study, financing and plant construction. More recently, he was Vice President of Galantas Gold Corporation, where as Mine Manager, was involved in financing and construction of a gold mine in Northern Ireland.
The Company has also appointed Robert S. Middleton, P. Eng., as Director, Aboriginal Regulatory Affairs for Canada Chrome Corporation. 'Bob is another icon in our industry and there is perhaps no one better fitted to manage the issues affecting the lands, communities and agencies that this potential development will affect,' said Smeenk.
The Company also announced the appointment of R. Russell Martel as Director, Research and Planning for Canada Chrome Corporation. 'Russell's years of finance and mining industry experience match ideally the task of compiling the research required to inform the unique challenges we anticipate in the documentation and funding of a project of this magnitude, with initial cost estimates of the order of $1.5 Billion,' explained Smeenk.
If you look at CLIFFS Operations world wide you will find that they have a lot of Joint Ownership in there coal, ore, and other operations.
So, getting back to your question, I would not be a bit surprised if "CCC" would be used as the vechicle.
CCC is in this for the long haul, I would suspect.
Again, just my thoughts.......RL