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Message: KWG Big Daddy News

Very interesting...

Our 10.2 MM tones could be a stand alone operation of 2000 t / day for 14 year mine life..... This is an asset PRB can sit on for some time.... When the optomisum comes back into the markets it may get intrest from someone other than Cliffs.... when that happens Cliffs will be more eager to talk and move on PRB.

The grade and near surface location a definite advantage for PRB

" In addition, one drill hole intersected the chromite horizon under less than four metres of overburden, confirming that the horizon does project to the bedrock surface and would be a likely candidate for open-pit extraction."

How about that NOT deal with Baosteel!

About Baosteel Resources International

Baosteel Resources International, headquartered in Hong Kong, is the overseas headquarters of Baosteel Resources Co. Ltd., a subsidiary of Baosteel Group Corp., one of the largest and most profitable steel enterprises in the world with an annual production capacity of 50 million tons per year. Baosteel Group ranked 276 in the Global Fortune 500 companies in 2010 with 2009 revenues of $28.6-billion (U.S.).

Baosteel Resources International's core business is investment, trading and logistic services in relation to iron ore, coal, non-ferrous metals, stainless steel, raw materials and scrap.

With NOT slowly melting in our equity market when does the game fish strike at the bait fish!

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