All of the resources present have a low confidence in the estimate such that they can be classified only as Inferred Resources.

4) Mineral resources are not mineral reserves and do not have demonstrated economical viability.

goodheart-r....Above is found in KWG's NR released on SEPt.3/2013 and yet you keep

calling Black Horse a mine. You also claim that KWG is in the drivers seat.

None of the other Chromite deposits are called mine even though Black Thor, Big Daddy,

Blackbird and even Black Creek have proven resourses as opposed to inferred at FNC.

If I remember correctly you were caling Black Horse a mine even before drilling was

done. In the similar vein another KWG share holder proposed merger @ two shares of

Noront for one share of KWG assigning a value of $0.70 for each KWG share.

I had no choise but to label said proposal a new math.

According to your thinking everyone is at KWG's mercy including CLIFFs and Noront.

I think NOT.

Regards,

Fossil