Quite ironic that only a month or so ago many on this board were attacked for defending Noront against the KWG faithful who said our management team had diluted our stock to a point of no return after the RCF funding. All the while they were closing in on a billion shares outstanding and burning through cash........Now KWG releases a proposal for a reverse split because they can't raise money otherwise. Ironic.
Does anyone think this is an early indication on how the easement will play out? I do. I said a while back that I truly feel KWG may be left in clifforont dust, now more than ever I think that will be the case.
Kennr seems to be taking a lot of flack for his comments on the paving contracts. I can't say i've heard about any paving contracts, but I don't doubt this. I have heard all along that a road plan was basically a done deal. It wouldn't be a stretch to think that manpower would have to be confirmed before "the final decision" is made to go ahead with it. Some think this is putting the cart before the horse, personally I think it is quite normal. How can anyone make a decision on a road without consulting who will eventually build it? There has to be some level of "cart before horse". It would be pretty sad for our politicians to allocate significant monies for an all season road in to the ROF only to realize they forgot to lock down a construction company to fulfill the duty. Just my two cents.
good luck all,
djje