Highly prospective exploration company

Resource projects cover more than 1,713 km2 in three provinces at various stages, including the following: hematite magnetite iron formations, titaniferous magnetite & hematite, nickel/copper/PGM, chromite, Volcanogenic Massive and gold.

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Message: Re: waste of money on grassroots development
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D'amico not longer with company as of Dec 31st 2014
4
Tony T
Dec 15, 2014 04:37PM
10M share of KWG sold
5
Eudaimonia
Dec 15, 2014 08:25PM

Why on Earth would we incur these costs on a grassroots project when we should be preserving capital to weather these conditions?

From page 29: Exploration Expenditures - Six months Ended Oct.31, 2014
Gaspe Bay Group - Total $477,119
I would like to think the half million could have been put to better use. Is this why we sell Argex Shares or KWG shares - to fund these projects. I would put my bet on a better ROI on Argex and KWG then blowing a half million on these grassroots projects.
Poor investment and decision making by management (i.e. Peter) yet again.
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Re: 10M share of KWG sold
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Tony T
Dec 16, 2014 02:03PM
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luker
Dec 16, 2014 05:11PM
Re: 10M share of KWG sold
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TeleProbe
Dec 16, 2014 05:39PM
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bluebird
Dec 17, 2014 08:56AM
Re: 10M share of KWG sold
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MaCloud
Dec 17, 2014 05:10PM
Re: 10M share of KWG sold
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bluebird
Dec 18, 2014 10:42AM
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