PDWinner,

Interesting German article, but I could only read the English translation. It's a blast/hilarious reading some of the words, but after some guessing my understanding (feel free to correct) is as follows (Note: still don't have a clue for some of the words, but it's good to have the English translation).

1. Intro: largest chromite deposit in North America worth $60B. Chrome is good stuff for making stainless steel. Ont govt promissed $1B plus(contingent) another $1B from the Feds.

KWG has most mineral rights in the RoF.

Note: Depot = deposit; storrage facility = resource; "course bomb" in heading =???

2. Battle for the Chrome (the spectacular wallpaper =???): KWG has 80% of BH deposit...with a stunning 35.1% (stunning is a good translation, so just keep it). CLF versus KWG. CLF was referred to as a $13B company, but the article did not mention the current Mkt Cap ($1.8B). KWG has also 30%BD. KWG SP could be more than double, but...(could not guess what it means by "knowing the extraordinary potential... must be something good).

3. Frustrated competitors: no route to KWG passes (= transportation corridor?)

KWG has spent $15M for feasibility study, monopoly of the corridor, which did not please CLF (= don't taste cliffs), easement application failed, $3.3B project has stopped. BD now comes in motion (spotlight is now on BD, why did they have that idea? must be something good about BD).

4. Decision day July 29 (for CLF): Casablanca problem, sales of international assets including Canadian/RoF.

Talk between KWG and Casablanca and potential for KWG to become the dominant player in the RoF. NOT Mkt Cap was 3 times that of KWG, but this trend could be the other way around, soon. Note: current Caps, NOT: $76M, KWG: $46; Ratio 1.6; KWG SP of $0.10 would bring KWG to par with NOT (assuming NOT stays at the same level).

5. Talks with ThyssenKrupp, German steel giant:

Several talks between KWG and TKrupp (assumption was KWG has been talking with others such as Glencore). Potential TKrupp would replace CLF as a deep pocket to support RoF development. Good thing about KWG "patented" technology using natural gas. "Very interesting" for company like TKrupp, the article says.

Current KWG SP (Frankfurt) is a good entry level for new investors.

Just a summary of my reading, warts and all.

Cheers,

goldhunter