In the NR, KWG stated that: [Well-known mining analyst Jay Turner recommends the shares of KWG as a speculative buy with a target price of $0.20.

"Jay has done an outstanding job of researching, interpreting and understanding our published views of the opportunities for the creation of an enterprise following from the discoveries in the Ring of Fire", said KWG President Frank Smeenk. "We are very gratified with both the coverage and the recommendation, which is quite unusual for a junior exploration company. We appreciate the confidence!"].

So it would appear that the company (KWG) is not allowed by the Market regulator to have a NR that contains the kind of comments as in above (unbalanced, according to the regulator).

Would it be acceptable to issue a NR saying something like: "KWG is pleased to report that Jay Turner of xxx firm has started a coverage on KWG and the report is available on KWG website for information". Question: Is KWG allowed to do that?

Is KWG allowed to send a copy of the analyst's report to its shareholders, if requested?

goldhunter