Re: KWG Gas Patent - International
posted on
May 05, 2015 11:40AM
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)
With the time involved to a result this patent topic is rather redundant especially to this forum. But what I want to say to all here who are also holders of KWG shares is that patent result in a few years. Noront is also not going to get much involved with chromite for a few years until the nickel issue is resolved and producing.
I also have my doubts regarding a speedy resolution with the natives whether it is with regard to chromite and to a lesser degre with our own nickel mine.
In summary, the patent and chromite are years away. Our nickel project is a bit earlier, so we hope. So all you KWG holders, place your bets on Noront now and when you get your healthy profits, well you know where to place them. I will likely do the same.
Cheers, Good Luck and PATIENCE. Ed.