Massive Black Horse Chromite Discovery

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

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Message: Message from Cliffs Forum

Re: KWG

in response to KWG by luckylou
posted on Jul 06, 10 08:04AM Use the IP Check tool [?]

Your right LL

It will be interesting how Cliffs takes KWG out. I'm guessing that they will have to probably pay as much or more than SPQ. I doubt they would risk an investigation into an aquisition that could come under review. Even if they wait to run out the time on the insider status they will still have to come close to market value. It will be interesting to see this play out but I'd guess there is a margin in buying KWG. ..........imo

Carry

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