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: Isn't it odd?
2
Feb 23, 2011 02:55PM

They went for the easy target. Railroad is a separate issue, with separate financing and economics to the actual mining operation. KWG has all that stuff in charge of their subsidiary, Canada Chrome, and also does not actually have any 'railway rights', just mineral rights along the most feasible route.

Some time down the line we might even see ore being shipped on CC's railway, but not from our deposit. We'd get the 1% NSR regardless, as well as RR revenue.

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Feb 23, 2011 04:30PM
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Feb 23, 2011 06:27PM
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