Great News!
posted on
Oct 23, 2013 08:56AM
Black Horse deposit has an Inferred Resource Now 85.9 Million Tonnes @ 34.5%
Chroniclejournal Article Wednesday Oct 23rd, 2013.
Part of article - On Tuesday, (Oct. 22nd) Natural Resources Minister of Province Of Ontario David Orazietti repeated the Province's take - "that the situation is a legal dispute between two private Companies".
This is fantastic news as it reiterates what the Province has been saying along, "A dispute between two private Companies". How can the Province now, at this late stage of the game, change their tune and give in to Cliff's outlandish demands and expropriate KWG's Right of Way? The Province has gone on record once again and how many times do Cliff's have to hear that they, and they alone, must come to grips with the obvious that they have expended, according to the article, over 500 million of pre-development work in the ROF for what? All this money spent without any kind of access to their prize Black Thor. Cliff's have their quarterly conference call set up for Friday, I believe, and I feel they are sure have to do some fancy footwork to answer their critics about how they messed up their dealings in the ROF. With this Minister's comments yesterday, I for one, certainly feel better knowing that the Province have not, and will not, give in to Cliff's insane demands regarding expropriating our Right of Way for their use and by so doing, really "shafting" KWG of our rightful share of Big Daddy and developing the richest resource first (and giving us our well earned 30%) rather than their 100% ownership of Black Thor. Some very interesting times ahead. Who needs the Senate? We have our own "soap opera" developing. Next question, and a very important one. What will Cliff's do? Stay tuned. rj