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: luckylou: If I was CLF...
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Jul 07, 2010 10:24AM
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Jul 07, 2010 10:46AM
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Jul 07, 2010 11:05AM
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Jul 07, 2010 11:12AM
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Jul 07, 2010 11:19AM

Jul 07, 2010 11:53AM

I like your reasoning on breaking things up before it's too late. But no sale of the RR assets until the Chromium is paid for please. We don't want to loose our leverage.

It was nice to see Cliffs got whacked yesterday for their purchase of the coal play in the U.S.. I can see why the shareholders revolted yesterday as they are spending most all their working capital and leaving the coffers empty to do it. A small rebound today but hardly worth bragging about.

Would be great for us if this was it for buying and consolidating for 6 months to a year. By then KWG could be in a better position and the market may be stronger all giving us a better outcome.

The rail link is key to the whole show.

JMHO

A

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Jul 07, 2010 01:35PM
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Jul 07, 2010 04:56PM
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Jul 08, 2010 10:34AM
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