As a shareholder of KWG, Im not even stupid enough to think they are worth the same as Noront at this point in time. They own 30% of a deposit that isnt going to be mined anytime soon, and needs a 1.5 billion road or rail to be economical, and thier other deposit is INFERRED!!!!! Do you know what INFERRED means??? Its worth a little more than the paper it is written on until it is moved to a resource.
If I have 20 million ounces of Gold Inferred, but it is not economically mineable at the current prices, its worthless!!!
Nick
PS: Dont complain, im just telling the truth, hence why the market doesnt give it any value at this time. Also, that is why BOLD had a news release last year stating that they did not support KWG releasing thier inferred resource estimate. I do still think thier is value in KWG at a 50 million valuation.