Goodheart-r and all KWG Longs,

You are correct in saying special shareholder meetings can be called at any time – but I have been involved in these in the past for several public companies and I can tell you that in terms of the resources required, legal fees, printing, management time, etc., it is a waste of time and money. Doing it as part of the general annual cycle is most convenient and judicious. As well, as the ROF continues to heat up – if we are presented with some sort of opportunity or need to react to some development, think of the waste of time and maybe even missed opportunity and distraction if we have to stop and organize for such a meeting.

Besides, it is my belief that KWG is only doing this as a plan B or C and will likely not implement it at all given that there is momentum building for the New Deal and perhaps other avenues for developing infrastructure to the ROF. Look at Vic Fedeli’s confrontation of the Wynne government in the news today! The liberals need another gas plant scandal like they need another McGuinty on their team especially since Wynne narrowly escaped having to find a summer job with the close budget vote.

Regarding your statement “Big boys will get into kwg on the strength of our ore body. We do not need a super share to have the interest of the big boys”:Nobody other than speculative retail buyers will buy into KWG on just our geographically isolated ore body. Just look at our share price history! Outside of retail investors, the only "boys" that will even remotely pay attention would be the two-bit boiler room vultures like Pinetree Capital. The true big boys will be attracted by two things: first, they want to see a share structure that conforms with their constraints so a super share structure is indeed necessary and second, they want to see infrastructure to our ore body so that it is accessible which the share structure allows us to do since it can attract investors and their restrictive investing criteria. The issues are related and I believe that Frank has the foresight and strategic thinking to see this!

I remain in the thought and with absolute confidence that the Management Resolution pertaining to the share structure is the right thing to do to allow this company the flexibility and access to capital that is required to open the doors to the ROF. I encourage all KWG longs to give Frank and the stellar KWG management team the tools they need to finish the job.

My best to all KWG Longs!

Keep Digging