posted on
Aug 24, 2010 12:17AM

Solid foundations. New horizons.

Message: news
IMHO this 43-101 tells me that when Blackcreek is drilled out we could have well over 30,000,000 tons of around 40% chromite at 1.8-9 iron ratio. The Bigdaddy side of Blackcreek the grades of chromite are a little higher, but on the Blackthor side they are a little lower, over all they should even out to what we have now. The average width of 65 meters of the lens of chromite is a great width. For me wheather an offer comes tomorrow or ten years from now it is a hold and one can sell some on the highs and buy on the lows and build a nice position in Probe. One thing i know if Probe still owns Blackcreek after there is infrastructure it will be worth a lot more than now. What i do know is 30,000,000 tons of ore at over 40% is going to attract some attention. How long can they resist?
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