Massive Black Horse Chromite Discovery

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

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Message: TVO The Agenda's Ring of Fire Episode

SM,

Thnaks for posting the link.

I watched the entire thing on TV, but went over this on-line video quickly to confirm my impression.

- Minister Gravelle did not really add anything new, just his fast taking rhetoric: Getting the project done right, etc...We have committed $1B...which prompted the host (Steve Paikin) to ask the question "how much of that have you spent" along with a hint of making a "zero sign" with his thumb and index finger...But, the Minister just went on, and on, and on...on other stuff (more rhetoric, he's now working very well with the Fed/Minister Rickford). He's simply not a doer and should be replaced.

Don't quite understand why Gravelle mentioned Goldcorp taking over PRB when he was talking about chromite development in the future. We all know that PRB has BC deposit in between BT and BD, but this is not a game changer unless combined with the CLF assets.

- Chief Yesno: Main point was goverment not doing enough to improve the local conditions for the FN.

- Noront CEO: As expected he is pushing hard for the Nickel mine, with an eye on chromite in the future.

goldhunter

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