HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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I don't know much about KWG, so please excuse my pessimism, but why would anyone want to buyout KWG and at a significant multiple?

One of the original reasons I invested in Noront was all the chromite. It seemed to me that feeding the US steel manufactures with chromite from the ROF was no brainer - huge advantage vs their current supply chain IMO. With the passage of time and the surging interest in EV and nickel deposits, the NOT buyout IMO become all about Eagles Nest, but NOT, and now Wyloo, still have all the chromite claims.

Surely Wyloo will now have a huge leg up on anyone looking to extract chromite from the ROF?

Or does KWG have claims to more than just more chromite?

Thanks in advance,

Hobbit

 

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