Re: black creek
in response to
by
posted on
Jan 17, 2011 05:38AM
There's no doubt in my mind that the chromite will be wanted by clf - for reassurance I took another look at NOT website and looked at the drill core visuals from thier black creek drilling which are impressive. I am courious as to what type of deal will be worked out when we sell -with a low market cap will clf try to steal the whole company as they did FWR & SPQ ? i think they would like to but realize other companies would join in the bidding due to our other jv partners interest in our other properties something they would try to avoid(last thing they want is a bidding war). A straight sale of the chromate does it have to include the entire claims or will we keep the other minerals found as by-product because IMHO the real story will be the PGE because if you want to find PGE it is often assosiated with chromite something CLF or any analysist on tv seem to avoid mentioning. lots of ways to make a deal - I would like to see a NSR retained so we could capture some of the future unknowns that could be found.