Add to that that KWG will NOT control the ~22.5 % of McFauld's East and West Claim Blocks they have interest in vis the JV with UC and SPQ and likewise for the 5 Claim Blocks in the FWR /SPW /KWG JV. And they (KWG needed to do such a Deal with someone such as CLIFFS cause they most despirately needed the Cash and NOW so as to keep up these Proportions Ownership and stave off going broke otherwise. None of their JV Partners are in nearly as Despirate Condition as are KWG and thus can only do much much better in future Fund Raising Initiatives.

KWG's 60% premium (actually more like 100% Premium given recent SP record of KWG) will translate into much more than Double the Required Premium any All Others will have to Pay to SPQ. And even much higher Premiums for UC, should UC ever need to do any future raising of Exploration Cash. Then with FWR and NOT, look to see a further Minimum Doubling of the Premium for less than 19.9 % Buy In!!!

Old Joe