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: here's my 2 cents

I believe that in Ontario not only is one to be compensated for property expropriated at market value and often at it's replacement cost PLUS extra for the inconvenience. The inconvenience if my memory serves me, has been on one occasion close to plus 30%.
For the rail line or the road it is not a case of expropriation but loss of use of a small strip of land for the natives and possible impedance to KWG's hopes of extracting minerals on their claims. That of course is dependent on how I suspect the rules are.

Continuing on that trend, in both cases of natives and KWG, I believe that to both compensation is appropriate.
Where I argue is that the natives try to put forward a claim as if they own the land. That imlies compensation many times more than for just loss of use of that portion of land.
Similarly for KWG, they also want to be treated as if they own the land on their claims. I believe the land of KWG claims is still the property of the province hence no expropriation applies. What KWG would lose is convenient extraction of the supposed minerals of those claims.

In both cases the appropriate compensation is a small pitance compared to what these two parties hope to claim.
And Goodheart, most of your questions or suggestions probably do not apply. I am just guessing of course.

Ok enough about my views re compensation.

So natives would own the rail line after 20 years or so, why so generous? Again I wonder what is going on.
Is 'their' strip of land considered so valuable that it warrants a turn over of ownership of the line to them?
I realize that they would have to maintain the rail line afterwards but I suspect that maintenance would be paid for many times through fees charged for use of rail. This in spite that the natives wold hugely benefit from the new road and rail in the form of
lowered costs for supplies and services. I believe those benefits should more than enough compensate to them for loss of use of that narrow land.

Most of this conversation would be off topic except for the fact that sooner or lated Noront would have to pay either directly part of the compensation or through user fees. That is what bothers me about how these negotiations are progressing.

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