Massive Black Horse Chromite Discovery

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

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Message: a few more points

.....the rail line claims are valid for railroad. There was some questioning of this issue(me included) a short while ago. KWG states emphatically that Prov. Govt and anybody else involved confirm this point

......the RR to Big Daddy will not be a Govt funded project. Prov Govt will support the permitting and in otherwords 'facilitate' the process. It will be a privately funded, European and/or Chinese are both mentioned. Another possibility are 'Flo-thru Bonds' . CLF's apparently does/will not be participating in the RR....it is a seperate deal.

....the bulk sample done recently is for the 'metallergy' only. It will answer some important questions regarding the viability of processing. The 'fines' or chromite dust during shipping and processing is being looked at.

......I have a few more general thoughts but will have to get back in an hour or so....nothing earthshattering so it can wait.

cheers....sambone

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