Massive Black Horse Chromite Discovery

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

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Message: * Credit Suisse says Cliffs must consider "drastic solutions"

This is all unreal. First they downgraded all Iron Players, then all Coal players. Guess what, the only project that CLF has and is not affected with Iron and Coal prices is Chromite Project. And that is interesting that nobody mentioned that. If you go on CLF internet site you will see that Chromite Project is very important for them. So the question is the same like before few weeks, what will they do to show to the world that they are serious about future and that they will negotiate together with KWG with natives and government to get this done. This is actually time when they must show why they are in ROF and ROF could actually save CLF from chapter 11. So CLF stop playing games, because in the end all BOD will be past anyway, even if CLF will be not taken over Investors are very angry right now so they will find better BOD that don't play games. Let see but very interesting times for ROF for sure and now is time for CLF to present this Project to the world because this Project could save their jobs...

GLTA

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