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: cbc article...yes but!
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Jun 20, 2012 04:12PM
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Jun 20, 2012 04:21PM
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Jun 20, 2012 06:23PM
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Jun 20, 2012 09:20PM
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Jun 21, 2012 12:19PM

That's definitely a possibility Ken, but think of this one...

BT ore concentrated at the mine site for direct ship and BD sent to smelter for best results

Hydro savings will be 60% if they smelt the highest grade...concentrating the BT stuff is not a big deal... in order to bring it to high enough grade for direct ship

Remember that Cliffs accepted a hydro deal from the Ont Gov that doesn't seem to compare to the rate that they would have received from Que or Man...so where do they get the other savings...answer from the smeltering process itself (% savings)

Opinions and discussion welcome

Good luck to all KWG longs

LP

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Jun 22, 2012 04:15PM
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Jun 22, 2012 08:48PM
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Jun 23, 2012 10:52AM
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Jun 24, 2012 10:56PM
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