RE: Food for thought JL - the spending of funds for furthering the test results is being done in the interest of alll kwg shareholders... it also gives us a better understanding of the true value of BD. ``It takes money to make money` an old saying but it`s true in this respect... With this in mind if the test results come back and show even a higher grade chromite or a consistancy of the grade they presently have, it could very well increase the mine value by anywhere from 10% - 300%... that`s a good bang for the buck... and I applaud Frank for taking the bull by the horns and insisting on further testing to provide us with Accurate test results
A couple of months ago back in March Noront announced from their last test results that the Mineral Resource Estimate on their BlackBird Deposit (McFaulds Lake) was actually triple then previously estimated . Should we be so lucky!!! If the 43-101 come back reflecting even half the increase the value of our shares should substantially increase. It should also make us look even more attractive should the Chinese or any other investor who would like a sure foothold in the ROF be considering at buying us out.
JL the money spent on the testing is in the interest of all and should provide us with a further increase in the value of BD deposit.