Some week-end reading and what our .10 share is really worth.

Our core sample data should be released before year end. In early January our full material report will be coming out and this will show how much we have in Big Daddy. Our chrome is the best in the world in quality, both in amount per ton and also make-up of the chrome that will make it very easy to process. Cliffs tried everything in their power to delay this report and we were forced to change camps for our drilling, etc. because of their actions and as we are the operator until April 1st 2011, we call the shots as to releasing this important info. I have heard that KWG has been talking to several major companies in Countries such as China, Japan, Korea, India, etc. and I believe that come April 1st 2011 if we have not merged with Cliffs, another Company will be the most likely owner of our 30% share of Big Daddy. We are well financed well into the first quarter of 2011 and with the $2 million on the Nov. 26th warrants and the $3 million on the flowthrough, which incidentally, we did not have to attach any warrants to secure the $3 million, thus avoiding any further dilution of our stock. Another point worth mentioning, we will soon be in a position where we can pre-sell our ore in BD within a 5 year period of the mine producing ore. Just think, a multi-national can buy our 30% of BD and do whatever they wish with it, take it offshore, ship it to Europe, etc. and there is nothing Cliffs can do about it as the 30% will be out of their control.

Lets talk a bit about the railroad. As most of you are aware, we as KWG shareholders, own Canada Chrome who holds all the railroad claims and it is a separate business. All KWG shareholders, including Cliffs with their 19%, are all owners of CC. We have spent in the last 2 years in excess of $13.8 million dollars on this and with the new Ontario Far North Act which guarantees no other railroad can make it into the ROF, our $13,8 Million, is worth far, far more than the amount we have invested. If CC requires further financing, this will not effect KWG shareholders as CC will do the financing on their own based on the great value CC will have. Canada Chrome, under KWG, owns 100% of all railway claims. If we do sell our 30% in Big Daddy, we still will have Canada Chrome, Debut Diamonds and also very importantly the 1%NSR of all the deposits that FWR/SPQ/KWG have in the ROF.

In light of all this, do you believe your KWG share is only worth .10? A reality check is fast coming and do not get discouraged, just hang on until all of the above transpires and you will see how smart you were to remain long in KWG. rj