Massive Black Horse Chromite Discovery

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

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Message: Cliffs Retreat good news for KWG?

I think this news will be positive for KWG. Imagine the political pressure from all surrounding Mayors such as Thunder Bay, Sudbury, Greenstone, etc. to get this resource developed. With the experts saying that Cliffs would be hard-pressed anyway to move forward with Black Thor owing to their large drop in share price the past year as a result of the huge drop in iron ore prices, it certainly opens the door for someone with deep pockets to come onside and develop the resource. I am sure they (Cliffs) have been instrumental in holding KWG shareprice down ever since the FWR/SPQ days, now they may have no reason to hinder the share price of KWG and we may finally realize some true value in our shareprice. Remember that Cliffs bought out SPQ at .19 cents with nowhere near the holdings that KWG presently posess. Even though our float has increased since that "Black day", when Cliffs took over SPQ, we still are, in my opinion, much more valuable today than SPQ or FWR ever were. Lets keep our fingers crossed that we may finally see our true value reflected in the near future with a massive increase in shareprice. rj

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