Massive Black Horse Chromite Discovery

Black Horse deposit has an Inferred Resource Now 85.9 Million Tonnes @ 34.5%

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Message: Re: KWG Resources Inc.: Business Plan For ONR Development Of Ring Of Fire

Hello B212,

It may sound terrible, but we (KWG, you me and other shareholders) are in this "for the money". Perhaps, it should go down better to say " for a reasonable good return for our investment with hard-earned money".

There are a few options: KWG can contribute to the consortium which runs the RR with its holdings (transportation corridor, gravel permits, etc... for a stake in the consortium which collects to users fees from companies in the RoF. This consortium will be a cash cow. We could have a piece of this cow, or we could collect royalty say some % (you name the the price) of the gross revenue (emphasis on "gross", not net). We could of course sell these rights for up-front cash (to CLF, or someone else who want to get in the RR business).

I trust that Frank knows how to do this.

goldhunter

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