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: Re: Oh the irony
8
May 22, 2013 08:29AM

i see a similarity between uc, kwg and clf.

uc had to get out of the rof because of the high cost of doing nothing. clf could well afford(even though their stock has taken a hit) to sit around to discuss matters and wait as their bank roll permitted this inaction. whereas uc had no cash and no prospect of cash so they got starved out of the area. take some $$ and run. they did.

this policy/strategy of clf's, of inaction, seems to be having the desired effect now on kwg. every month their expenses come in and if they have no means of raising cash then the wolves will stay at the door until they can get kwg at bargain basement prices.

big business smells blood. this reverse split could indicate the death knell for kwg.

some action by fed/prov governments in the form of announcments could save kwg from disaster. i'm thinking it is however not a concern to them presently.

imho

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May 22, 2013 09:29AM
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May 22, 2013 11:08AM
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May 22, 2013 11:58AM
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