Greasemonkie posted this on SH in the KWG forum......but I think this forum would be able to answer this with respect to the loan provisions.
Alan Couttes on BNN
As he stated 5-10 years if ever chromite mined,his loan with Franco stipulates in 5 years on chromite and royalty to Franco Nevada (if I am wrong correct me). Mattawa FN are expecting chromite front and centre with infrastructure?. Going to court on route appeal after stating 5-10 years if ever will not help their case as they have no plans in future for this route,why fight this then?
Any thoughts on this,my opinion is Alan was not prepared for such a hostile guest,but should have been. This is the time for KWG to finally step forward with some news and insight,as a small investor I feel we are being forgotten about and enough with the bonuses for any employee until this company proves to market they are ready to control the chromite industry in North America as well as the world with their low cost patent (show us we have the patent and are on our way to large scale industrial test).
GLTA. GM
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