Agoracom: Small Cap Investment - KWG Resources Inc.

Massive Black Horse Chromite Discovery

Black Horse deposit has an Inferred Resource Now 85.9 Million Tonnes @ 34.5%

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Cliffs, good or bad?

crazytrade

Dec 15, 2009 09:30AM

Re: Cliffs, good or bad?

northernhawk

Dec 15, 2009 01:59PM

SnugTheJoiner

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Re: Cliffs, good or bad?

in response to

Re: Cliffs, good or bad?

northernhawk

posted on Dec 15, 2009 03:19PM

"... any guess to KWG or Spiders value if a buyout / take over is presented ?"

Depends on when it's presented: tomorrow or in six months? 10 cents. Or after a large new nickel strike or PGE strike is found - $10?

IMO, any guess now is just that - a guess. And clearly colored by one's wishes. I'd prefer $10 but might just get 10 cents. However, if the CEOs are using my investment money to drill, and drill, and drill... then I just might get the former.