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: KWG BOLD FNG
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Mar 12, 2015 06:59AM
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Mar 12, 2015 09:34AM
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Mar 12, 2015 12:44PM
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Mar 12, 2015 01:10PM
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Mar 13, 2015 08:34AM
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Mar 13, 2015 08:51AM
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Mar 13, 2015 10:14AM

And its unforunate they don't walk away from the deal. Let's face it, kwg is

-bloated with nearly 1 BILLION shares fully diluted and all they have to show for it is a few drill programs.

- can't raise any money for further exploration or any studies required for black horse

- Federal and Provincial Governments never acknowledge them when referring to the ROF

- Have many court battles with Cliff's and Noront (how many more court battles are they going to have?)

So IMO, it would be a blessing that KWG walked away from this deal. Seeing that Probe shareholders have approved the Goldcorp deal, maybe Bold should approach the new Probe company as a Partner. Afterall Probe will have;

  • New Probe to contain:
    • Black Creek Deposit
    • Tamarack-McFauld's Lake Property
    • Victory Property
    • C$15 million in cash
    • C$4 million receivable related to the previous sale of a royalty on the Goldex mine; payment is expected in Q2-2015

Also, Goldcorp will hold a 9% interest in New Probe.

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Mar 13, 2015 02:10PM
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Mar 13, 2015 02:43PM
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