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: value of Noront
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May 26, 2014 09:48AM
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ANL
May 26, 2014 12:47PM
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May 26, 2014 08:02PM

As a shareholder of KWG, Im not even stupid enough to think they are worth the same as Noront at this point in time. They own 30% of a deposit that isnt going to be mined anytime soon, and needs a 1.5 billion road or rail to be economical, and thier other deposit is INFERRED!!!!! Do you know what INFERRED means??? Its worth a little more than the paper it is written on until it is moved to a resource.

If I have 20 million ounces of Gold Inferred, but it is not economically mineable at the current prices, its worthless!!!

Nick

PS: Dont complain, im just telling the truth, hence why the market doesnt give it any value at this time. Also, that is why BOLD had a news release last year stating that they did not support KWG releasing thier inferred resource estimate. I do still think thier is value in KWG at a 50 million valuation.

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May 26, 2014 08:13PM
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May 26, 2014 09:23PM
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