Unfortunately I agree Miskealp1.

Same thing over at KWG. There is an ENORMOUS unbreakable wall at 5¢ ask daily since Cliff's took 19.9% ownership of KWG and started calling all the shots there. There is an equally enormous bid wall (actually bigger) at 4 and 4.5¢ that can't be broken. So until Clifs starts making NRs on the railroad, mine and processing plants, I don't see KWG or FWR moving anywhere up or down. Throw SPQ into that pile too even though I've never owned or followed them. "

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Here's one more from KWG site I posted Aug 26th for everyone's reference:

It's all starting to come together now. We've got the right-of-way staked for the railroad, there's professionals analysing the rail line feasibility. Cliffs has a railway subsidiary since 1892 to haul ore in Northern Michigan. We have the royalty structure set up for Black Thor, Black Label and Big Daddy deposits. I am getting VERY excited about this company's outlook. Hang tight.

I love these parts from the KWG July 22nd, 2009 NR:

"KWG has now acquired half of the royalty underlying its property and the adjoining property of Freewest after an independent economic analysis based on conceptual planning and market forecasts undertaken by Cliffs. The royalty is expected to yield a substantial monthly cash flow to KWG if production ensues. The North American market alone might absorb ore production of up to 4,000 tons per day. That quantity of material will require construction of a railroad to transport the partly treated ore to a ferro-chrome refinery ideally located near transportation to markets and to electricity supply for the electric-arc furnaces used in the process. KWG is examining a number of location alternatives as well as the available furnace technology options.

KWG has also had preliminary discussions with The Ontario Northland Railroad to examine collaboration in the construction and operation of the railroad from the deposits to Nakina, where it can connect to existing rail lines. ChromeCana Inc has been created as a wholly-owned KWG subsidiary for the purpose of development of the mines and railroad and is undertaking pre-engineering assessment of a proposed right-of-way for the railroad.

Initial indications continue to confirm the capital cost assumptions considered by Cliffs in its preliminary market sensitivity analyses, undertaken prior to the KWG investment. This analysis has been provided to the Toronto Stock Exchange for its review of KWG's application to graduate its share listing from the TSX Venture Exchange, on the basis of its interests in the deposits. " "