Re: Like to know

Welcome To The Spider Resources HUB On AGORACOM

First Explorer at the "Ring of Fire" and presently drilling on the "BIG DADDY" Chromite/Pge's jv'd property...yet we were robbed

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SnugTheJoiner

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Re: Like to know

in response to

Like to know

Ghostbuyer

posted on Mar 22, 2008 02:18PM

Ghostbuyer ...

Welcome back. The answer to your question is relatively simple.

KWG is a joint venture partner and will make money by way of their percentage involvement. However, they are partner that is a "diamond" player not actively consulting in the drilling for the Freewest Option MMS. Their involvement will decrease as money from SPQ and FWR are poured into the drilling.

Finally, KWG has as its focus the kimberlite on the MacFadyen Project. This is where their true interest lies. They have other JVs in the McFaulds Lake area, but this interest is basically passive.