Massive Black Horse Chromite Discovery

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

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Message: 48 Hours

Premier Wynne is reportedly going to Ottawa to see PM Harper on 5 December 2013. One ofthe key items would be to discuss her RoF vision and some $2B she wanted for the infrastructure. Don't be surprised if "facilitator" Frank is tagging along with his (48-hr) game plan which will be ready before that meeting. It's not that difficult to put together a proposal. Frank has aready outlined the idea.

- building an EW road to facilitate the construction of Eagle Nest for NOT Ni and the JV between NOT and KWG chromite (BH).

- It would be up to NOT to decide on the slurry pipeline for the Ni concentrates, but eventually NOT would want to reduce the transportation cost by using the RR in the NS corridor (besides, my crystal says that NOT would not spend a large sum of money for that pipeline when there are other options available, including stock-piling the concentrates).

- The EW road would also help speeding up the construction of the RR (building from both ends). Due to the bulk chromite would need to RR.

- EW road has the support of the FN communities in that area, a political brownie points for Ont Gov.

- Also, it would not be a surprise to see CLF coming back with a request to use the RR for it's 70% BD deposit.

- Any surprise to see Wynne proposing to Harper to make a Fed Port Authority out of the proposed Prov Corporation? (a brownie point for the Fed...nation building stuff).

Just speculating.

goldhunter

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