What gives me the willys about KWG and why I think that the stock valuation is stuck at the 4.5 to 5 cent mark is the around 750 million shares that are out there. That coupled with the fact of the number of shares issued just recently to raise only 70k makes me begin to think that KWG is on its last legs as a company.

I see that it as lots of claims in the ground, however it is locked in there until some transportation link is accomplished up there. Even then, there is a huge amount of chrome in the ROF held by others, so much so that KWG may not come to be able to exploit its resource for many, many years.

They don't seem to have any money to explore for other minerals such as Noront is doing, Cliff's seems to have given up the ghost, other then to harass companies like KWG. As well I suspect that with the downturn in iron along with the supposed more reliable grid being close to being finished in South Africa to more easliy exploit S.A's resoures with its presumably cheap labour, it will be a long time before it becomes more feasible to go after the ring of fire chrome.

So the only place where I see that KWG may be able to raise some money is by exploiting its transportation link assuming that their method is the chosen transportaion link.

I sure hope that my evaluation of KWG is wrong as I have a lot tied into it at present and in spite of my suspicions still hope that something may come of it.

:)