Thanks so much Steve for that additional info from KWg......

I wanted to add that there was in fact a 3rd party involved...That 3rd party that would fund this "spending" is non other than The Canadian Government, described by Frank as "huge financial costs"....

Of course as usually happens in these exiting times, my mind ran away with exitement.... thinking it may have been another Company coming into play...But as you ponited out correctly it was based on tax insentive etc. and so , you were right, and my instincts this time on this conclusion was wrong...My instincts are usually mostly right but I also agree that TX is also right ,CLIFFS has an overpowering control over KWG, and is NOT letting go..,....

One must admit this is a prety good move on the part of the twins SPQ and KWG, if in fact it is approved. by Cdn Gov , and if Cliffs will not benefit by owning additional shares of KWG, or SPQ for that matter, since it's NOT their money$... it's a great plan for both twins, and we may finally get some additional very important drilling results, which will send these twins much higher...anyway one looks at it, it's good news for both SPQ/KWG....let's hope this "plan" goes ahead on the fast track...

IMCO a little shaky today...lol..

JD*