Re: Tapping Into the Vast Potential of Ontario’s Ring of Fire

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Massive Black Horse Chromite Discovery

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

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goldhunter11

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Re: Tapping Into the Vast Potential of Ontario’s Ring of Fire

in response to

Tapping Into the Vast Potential of Ontario’s Ring of Fire

doryloads

posted on Oct 03, 2012 11:01AM

It's a good review article. But, I would add my comments, as follows:

1. Some of the info is not up-to-date, e.g. on KWG "the resource investing news" writer did not use the latest information:

SPQ, KWG patner, has been absorbed by CLF. Now, KWG has 30% of BD;

the new resource estimate has been filed with SEDAR in 2012 (Ref. front page of KWG website);

also he should have included the transportation (RR, and road?) corridor and staging hub (Koper Lake), since they are important holdings in KWG port-folio.

2. FNC: This company should be added as well as a 5th company in that cluster (CLF, NOT, PRB, FNC). Reasons: (a) they have discovered chromite (BlackHorse) as well. (b) JV with BOLD (Richrad Nemis) for current drilling. If they hit Ni big time this would be something...could even be better than NOT Eagle next door. (c) Proximity to NOT (NOT may want to annex it to have more land and resources. In addition the claims are strategically located from CLF point of view. CLF may need to do some negotaiations (TO is an option) if they want to have a convenient route for taking the BT/BD chromite ore out (CLF BT mine plan has this N-S route going across FNC claims)