Massive Black Horse Chromite Discovery

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

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Message: Margin

Thanks for all the commentary on the proposed reorg. I think that it makes sense and will be voting my 1.4M shares for. I have faith in Frank and support what he is doing for all of us. As mentionned, he has over 22M shares and would not be suggesting this move if he thought it would weaken the share price!

I am somewhat conerned about the large number of stock options that management has given to themselves...over 85 million and mostly at 5 cents in the past year and good until 2020. That is rather dilutive in my mind.

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