Still In The Game
posted on
May 20, 2012 06:23PM
Black Horse deposit has an Inferred Resource Now 85.9 Million Tonnes @ 34.5%
When you listen to the tape on the CBC as pointed out by doryloads it becomes obvious that KWG is still in the mix or he (Minister Gravelle) would not have mentioned us as one of the three players in discussions with the govt. This sure appears to be the reason we are not getting any news releases, etc. from the company. If that is correct, who is trying so hard to keep the shareprice at or below the .06 level? We know there has to be a valuation if Cliffs tries to take us out although I think if someone else does, a valuation might not be required. Decisions are obviously imminent and the ROF has really gone national since Cliffs announced Sudbury as the site for the smelter. Hopefully the long process may be coming to an end and at the very least, we might expect some share price appreciation in the near future. The wait continues. rj