CLF Saving a nickel to lose a dollar! The reasoning for them not buying out KWG eludes me. They could have made a generous offer sometime ago and gotten a steal of a deal. The value put on KWG continues to climb as other businesses start to see the value of what they have started. As I said before, Domino affect coming into play. Project of the YEAR. More like project of the DECADE!
Maybe "snowball effect" would be a more appropriate term (more Canadian eh?) as this is small now but as buy-in accelerates the momentum the snowball will grow. In time CLF better be careful or this will be too big to handle for them and a monster player will come on board and scoop up the entire thing.
This seems to me like it could have been a no-brainer for CLF. But did they get greedy because they managed to get SPQ for a song and thought they could do the same for KWG? It's really a puzzle.
Thanks Lou for continuing to search for answers and have so many informative posts. Keep up the good work.