Massive Black Horse Chromite Discovery

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

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Message: kick in the face

Have to commend CLF's for being astute. Market drives the price down, shs hit bottom and clifs appoints pres for developing the ROF and wam just like a trout spotting the first june bug. a HIT. They saved 40mm by waiting a month, and low bal us right off the bat.

Insulting offer you bet, good offer for this point in time you bet, fair NOWAY!!!

Any alternatives? I suggested a while ago an amalgamation of KWG\SPQ. It now looks a no brainer to fight these guy's. Its a no brainer to do the distribution of other assets NOW. Clifs will still want the assets in a year. So take the time and brake it up NOW!!

Hope we see a dividend soon

No white night appeared for FWR so lets make our own WHITE NIGHT dividend the other assets if clifs thinks they have no real value.

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