rj- I certainly agree this stock is going to be a winner. I have held KWG for a long time (as I did Spider) and can only hope our fate is better.

One good thing we do have is the KWG news release (later retracted) of June 30, 2010. In it KWG released information on 2 independent evalutions they had done.

The first suggested a value of $.22-.30 for KWG while the second suggested a value of $.17-.36 -midrange $.27- for KWG's holdings in the BD deposit alone.

I for one feel these evaluations would be low today. KWG have continued with their exploration and drilling programs and certainly added value since June. They have also completed a lot of work on the RR right of way. This is the kicker when it comes to Cliffs needing to come to the table looking for KWG or parts thereof. I was actually surprised when they took out Spider last year instead of KWG however there may have been easier backroom negotiations - but we will never know the "why" for that one.

I have to assume Cliffs will have to start looking at the rail requirement sooner then later and I hope the Gov of Ontario is fully aware of the negotiations being made to preserve the value and spin-off benefits of the ROF assets for shareholders, native Canadians, and all of Ontario. This is a huge opportunity right in our own backyard and lets hope it is not given away for a song.

I also do not want to look like I am pumping KWG, but certainly in my review of the information available it looks like it is a prime takeover target at this time and again in my opinion it would be totally undervalued if it went for under $.30 at this time.

As alway IMHO - Wishing