Crazy:

You write:

"If spq and kwg don't sell now can they sell later when the markets are better and the resource and infrastructure support is determined. Is the resource going to go somewhere?"

What if we look into the future and pretend Cliffs isn't interested, and walks. Then the Ontario government says "We'll provide loan guarantees" and the First Nations says "We're onboard and we want part of the action". Does anyone think that this will happen, and that some of the other big miners might be interested.

My point is - Cliffs ain't going anywhere. So it becomes "them vs. us". So the question on everyones' minds then is - What's my exit price? Personally, I think 26 cents is bl**dy cheap. And I think the same for 50 cents.

Gleegee:

You write:

"#2: IMO to get a true valuation KWG should hire another company to do a valuation and the two results should be compared."

Agree 100%.

Neil has noted that although MICON wrote up the recent 43-101 report, he's not putting all his eggs in one basket with regards to engineering consultants. It seems to me that both he and Smeenk should be considering your suggestion too. In fact, why not three independent evaluations?

Each one of us would do the same if we were selling a valuable piece of property ie., a 1957 Chevy Bel-Air. Why not the same for Big Daddy?

Snug