Thank you John. I've been wanting you to speak about KWG for almost 18 months now, and I guess today we all have to. KWG has been one of my worst dogs since Oct/Nov 2007 and this is incredibly satisfying for them to finally get some attention.
The major buying into KWG (traded in New York) background:
"Cliffs Natural Resources is an international mining company, the largest producer of iron ore pellets in North America and a major supplier of metallurgical coal to the global steelmaking industry. The Company operates six iron ore mines in Michigan, Minnesota and Eastern Canada, and three coking coal mines in West Virginia and Alabama. Cliffs also wholly-owns Portman Limited, a large iron ore mining company in Australia, serving the Asian iron ore markets with direct-shipping fines and lump ore. In addition, the Company has a 30% interest in the Amapa Project, a Brazilian iron ore project, and a 45% economic interest in the Sonoma Project, an Australian coking and thermal coal project. "