I tried to think of something informative for any newbies frequenting our board , so if you click this link for Willem Middelkoop report on ROF, February 7th 2009, you will be pumped on ALL players (KWG, FWR, SPQ, FNC and NOT):

http://www.kwgresources.com/_resources/news/feb11-2009-discovery.pdf

Conclusions :

Canada is a stable country in a chromite world where political stability is an asset.

We expect increasing demand for metals that are in huge supply in the Ring of Fire.

We expect future supply shortages from current producers.

The Ring of Fire contains a variety of metals that together have a huge strategic importance.

Chromite has great metal and political value.

And perhaps most importantly, the Ring of Fire has a huge potential metal value.

The combined market caps of the five players are:

Freewest (FWR.V) $ 51 mln
Spider (SPQ.V) $ 14 mln
Fancamp (FNC.V) $ 10 mln
KWG (KWG.V) $ 9 mln
Noront (NOT.V) $ 171 mln

Although we are not predicting a winner, we believe that all of them have a huge upward potential once the majors battle over the spoils. These discoveries are simply “too big to ignore”.

A combined market cap of $ 255 mil for a set of assets potentially worth multiples of billions of dollars, is about as good an investment opportunity as you are ever likely to get.

Willem Middelkoop, February 7th 2009