HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Message: Re: Northern mining article...
33
Jan 30, 2009 05:48PM
30
Jan 31, 2009 04:55AM

IF true I'm going to have to eat some words.

This article states Cliff is completing this deal to purchase KWG shares and is quite different from the KWG news release outlining this deal as an 'option' to do so over a lengthy period of time.

Caution tells me that reporters don't always get their facts right, BUT if Cliff are excercising their option and make that investment it totally changes the game in ROF.

It's still a big IF and we have to wait for the announcement that it's a done deal.

This news report has me making a wild conjecture. What if the KWG deal was purposely written the way it was to leave Cliff's hands free to do deals with Noront, FWR, SPQ etc.? Sort of a stealth reason behind it?

There certainly are rumours on this forum that some deal is cooking.

My oh my, wouldn't that put the cat amongst the pigeons?

6
Jan 31, 2009 05:24AM
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