HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Message: KWG and the ring of fire
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Mar 26, 2010 03:15PM
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Mar 26, 2010 04:13PM
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Mar 26, 2010 04:39PM
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Mar 26, 2010 05:27PM

I received a call today from a Chris Meraw, corporate communications with KWG

He wanted my email address so that he could pass on some news articles to me and other family memebers. He was also very open for discussion. We talked for a while; pretty specific to KWG; but one point of interest is that they will also be highlighted on BNN this coming Tuesday. It appears the topic will be more about the recent Ontario budget and the implications to the ring of fire in particular.

One point he stressed as well is that the roads and/or rail will come before the mines...which makes sence, as this will be needed to transport the tools and equipment needed to build the mines......and there will likely be several of mines once all is said and done.

He also pointed out that everyone is waiting on Cliff's next move, which could very well involve a takeout of KWG and SPQ. In the meantime, they will continue to clear the brush in anticipation of putting in rail and/or roads. They are now cashed up with the recent PP and feel they are very well strategically placed, however this evolves.

Finally, I got the impression as well that they are indeed keeping a watchful eye on their stock price and how it is trading. He mentioned that they don't beleive that Cliffs is buying shares as they are just under the 20% limit for disclosure purposes and will likely remain there until such time that they are ready to make a big move.

For now, it seems it's more about the ring of fire with Cliffs, NOT, KWG and BMK at the forefront.

Just thought I'd share that

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