Re: Status of NOT vs KWG re N/S route
posted on
Jul 12, 2015 12:34AM
I believe that KWG thought that by staking the N-S claim block from ROF to Nakina they were securing the most logical route for a railway into the ROF. Initially it was a defensive move to counter Cliffs move to control KWG. Coincidently since the proposed rail line would pass through/by Marten Falls it opened up the idea of an aboriginal managed infastructure company. Taking that a step further, doing a deal with Marten Falls was seen as the way to fast track KWG approvals.
As it stands now the last court decision was that Cliff (now NOT) has the right to apply for a road easement on KWGs claims even though KWG wants to preserve it for a rail easement. KWG is currently appealing the last decision and NOT is arguing against KWGs appeal. In reference to the situation the government has openly stated that mining companies do not control surface rights on mining claims in Ontario and that surface rights are awarded at the sole discretion of the gocernment.
So aside from KWGs chromite claims, a JV on the Fancamp claims and a possible, but far from guaranteed patent, KWG currently doesn't have much going for it. Its looking like NOT can move ahead without KWG but KWG probably needs NOT. To me that looks like a good merger/acquisition/consolidation opportunity.
... Been There