Massive Black Horse Chromite Discovery

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

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Message: Big daddy ore testing

Thanks very much gents (imcluding Cinema, Goodheart, Chauncey, et al.) for your digging. The situation is now much clearer. Soon, we will have results for both BT and BD.

So, to add a bit to the excitement, we just want PRB to jump on the band wagon: spinning off BC and dig up some bulk samples, sent to XPS and voila, we have a headache for CLF (too many choices).

BC is a sleeper deposit and CLF does not really want to talk about. But, it is a very simple math: Let's start with BC high grade (DSO quality), highest ground and next to BD, and transportation access for CLF. Better be quick CLF, or Baosteel will come knocking on PRB door, and put on a squeeze. In another scenario, KWG can try a JV with PRB for BC. And that would also put a squeeze on somebody.

goldhunter

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