I agree KWG has long term value.
But the value lies in properties not yet drilled=ie all the new claims staked along the rail route. The current jv play with UC\SPQ\FWR is too small and to clouded with side deals. If cliffs gets FWR they will already own 50% and they own a substantial chunk of KWG.. no take over bids comming there.
I am set to hold KWG for a long time. fortunately I got it for low cost.