hey guys,

interesting discussion about the chromium. Let me reflect it a bit....

Well, as we all know, there was a deal with Noront. The deal comprised a claim swap. On the one hand probe got the chromite, on the other hand probe dissolved the JV.

At a deal, both sides want an advantage out of it. Basically there is supposed to be a win win situation. At least at the time of the agreement.

What could be the reason?

Noront believes that the JV claims got more potential than the chrome?

Noront knows that the JV claims imply much more than we know?

Probe knows that there is more but it takes to long to make some profit out of it?

There is some negoation going on due to the chrome?

As u can see there are lots of possiblities. But there is one thing for sure. Probe wouldn't give it away if there is no need for the chrome. Moreover its pretty clear that the swap doesn't make sense if there is no potential buyer. Probe wont be able to run a mine because of different aspects.

As you can see, there would be no need for the chrome if there is no deal or potential deal for selling it. Think about the JV potential. Probe would have a strong partner who is able to handle all the stuff , even run a mine.

Probe knew that there is alot of supply for chrome, as Cliffs says much enough to supply North America for more than 100 years. Would that swap make sense if there is nobody who wants it? Moreover think about the location of the chrome.

Just take your time and think about it.....

Anyway if you find some spelling mistakes just pocket those:-)) Had a hard day---

cheers