Welcome To The Spider Resources HUB On AGORACOM

First Explorer at the "Ring of Fire" and presently drilling on the "BIG DADDY" Chromite/Pge's jv'd property...yet we were robbed

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Message: Re: KWG Resources Inc had its wrists slapped by IIROC...but not hung out to dry!

True enough. hopefully the reward is worth the risk!! i believe that kwg/spq shareholders that hold on will gain huge %'s when this is done.

I do have a question that hopefully someone can answer. Let's say clf's does get control of spq and have control of the devlopment/ mining process, how would kwg get paid for their 30% of the claims? Could they just sit back, do the minium work required and get paid 30%of every lb of chromite pulled out of BIGDADDY, on their railroad( getting a royalty for that) and the smelter royalty to boot?

thanks in advance

tim

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Jul 01, 2010 10:02AM
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Jul 01, 2010 10:53AM
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