Massive Black Horse Chromite Discovery

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

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Message: Appeal of ruling

Good stuff, Sudbury.

For those of us who've been in the ROF for years, the role of governments has been non-existent for 95% of the time; the role of the FN has been existent for 100% of the time - especially when wanting hockey tickets and transportationfor Leafs' games (thank you, Noront).

The Liberal Government in Ontario is facing an election, and things look rocky [sic] for them. I expect they will do an Obama and say "We make our decision when we want to." In the meantime, they'll go to the necessary meetings, shake the necessary hands, and eat all of the best hor d'oevres.

So Smeenk and the other ROF miners must await the Cliffs' appeal, which hopefully follow the Ontario's laws. During this wait, the miners will continue to drill, do all sorts of technical stuff, and market their companies' promise.

For us investors, we'll need to be extraordinarily patient - because the big news won't happen any time soon.

Snug

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