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Thursday, 03/07/2013 7:48:05 PM

Thursday, March 07, 2013 7:48:05 PM

Post# of 137
Now that kwg has thier own chromite mine they are drilling and proving up cliffs will get left behind. kwg also owns the only transportation route to get all the ores from the ring mines to market. Funny, clifs could have bought kwg for a song , now cliffs will play second fiddle to kwg and even pay kwg to have thier ore brought to market at kwg prices.

Bill Boor is right , there is a lot of problems to overcome to get the ring of fire moving. He just doesn't realize that Frank at KWG is making the solutions and getting the answers. Boor says he can't go to the board to get 3.3 billion dollars to move the project forward. He won't have to because frank will have a railroad and that will save boor 1.1 billion not needed for his road. Boor better get used to the idea of paying tonnage to use the rail. If the american can get the road out of his craw he will realize a rail will save cliffs the billion something needed to build the road and cliffs will continually save on transportation costs by paying rail tonnage instead of paying up to ten times more continually for trucking cliffs chromite on a road as proved by kwg's latest engineered study proving just that. How would Boor like to go to the board and explain his way is going to cost cliffs billions more in the long run and at least a billion more to build. Especially when cliffs is in the financially hard up position thier in now. Everyone else can see the logic here. That's why the provincial government is putting on hold any deal with cliffs until the provincial auditor can go over the divestment of the ontc and prove that not only canadians will save and be better off with a rail but so will cliffs. Boor better leave his ball at home because if he will be playing at all, it will be with our ball, a canadian ball.