We must remember that the first partner frewest was bought for $1.00 a share. The second spider for low a belive 19 cents a share. Kwg has since defined the ore body much bigger , has done a bulk sample and sent the sample to be analized. This was done by xtsrata labs. xtsrata is the biggest seller of chromite in the world, almost 75% of the world chromite is sold annually by xtsrata. Thier testing was completed and concluded that kwg chromite proceesed cheaper than any other chromite in the world was the best quality in the world and even stated that other world mines could decrease thier processing costs by adding kwg chromite while processing thier own ore. The other bought out partners did not own any part of the railroad proposal. Kwg has that all to thier own. Kwg also has debuet diamonds all to thier own whose initial drill cores found commercial sized diamonds in the cores. Very rare happening. Kwg also owns jv and shares in other companies. Last year kwg had a valuation of kwg completed showing at that time kwg worth about i believe in one valuation about 36 cents a share. Since then no dilution has happened. In the valuation the railroad was given a low value of about 10 cents because it was not a reality, just a lower possible cost than an alternet route. Since then the kwg rr route has become the only route the canadian gov. will permit. Now the railroad is not just a thought, it with this $496,000,000 gov. p3 apllication is becoming a reality. also kwg has since almost finished thier enviromental datta for the railroad. What is the railroad worth now. Well with 636,000,000 shares outstanding in kwg and the rail itself going to have 496,000,000 millon supplied by the gov for a start, you do the math. Also i belive that within 3 years of mine start the railroad can start booking cartage contracts increaseing rr worth again. That means contracts could start by dec this year. All kwg longs will get shares in the rr and debuet diamonds probably 10 to one or 20 to one when kwg announces the spin out of these company subsiduaries. Buy now and be in for this when it happens. This will happen or a buyer of kwg will have to pay bigtime for all kwg and it's subsiduaries. I am sure xtsrata who is quite aware that kwg ore is the best and biggest does not want to lose thier world market share of 75% of the world market when kwg chromite comes to market. There is a shareholder base of over 6,000 shareholders in kwg. This is important as these shareholders can hold thier shares stopping anybody from taking over kwg cheap. This means a buyer will pay what it is worth or the joint venture agreement will kick in Aprill 1, 2012 and kwg will become a third owner of the biggesat chromite mine in the world and own transportation rights to the only rr to this mining site and all other mines in this area witch are fast becoming a reality. Kwg also has net smelter royalty rites ( nsr rights) exclusively to all the chromite mine . I believe that is 1% of the money made by the mine for total mine life. In the previous evaluation this rite was given only pennies a share because the whole mine was dependant on transportation of ore which kwg rr is now making a reality. So what is KWG worth??? Let no one unenlightened panic you into selling. Remember the kwg long shareholders of over 6,000 strong control enough shares them selves to insure a good buyout or a joint venture. I for one can see north of $1.00 a share buyout or if a joint venture is forced buy the shareholder base refusing to be bought out then in a joint venture situation kwg shares will climb to at least $10.00 a share within 5 years.
AI
