KWG Resources Inc C.CACR

Road to ROF everything, railway not so much

[greasemonkies]

unless your First Nations and a 50/50 partner in railway and Chromite mine, this tells me no partnership offer from Noront -> First Nations is happening? Probably why KWG popping and NORONT not so much?

https://www.northernontariobusiness.com/industry-news/mining/a-road-to-the-ring-of-fire-is-everything-railway-not-so-much-3449081

[investorat]

GM Another Noront assassination of KWG. Up to their old tricks again. Deflect from their own limitations. Facts are: They have been looking for a gold partner for two years:::::::::no takers They have been running drill programs and come up with nothing of consequence. They think they are partnered with Matawa because they gave them a few shares. What a joke::::might as well give them some beads

[greasemonkies]

They do go through a big chunk of money paying for media exposure, biggest thing I take from this is there seems to be no offer of 50/50 partnership by Noront too First Nations. Tomorrow if you take this PR stunt seriously, you would expect Noront to hit 2-3 year highs. I will watch NOT tomorrow for the breakout.

[greasemonkies]

Curious though, why state roads everything,railway not so much? And then states that in Nakina a transfer station will unload trucks onto rail cars  and transported to Sudbury. Railway not needed into ROF but needed after 500km truck ride each direction, why not truck it straight into Sudbury then if railway isn't needed. 2 lane gravel road for a dump truck wider than that? Never ever

[greasemonkies]

Curious why Tony Marquis with such impeccable credentials would take this project on at the end of his career, if like Ryan Weston(VP of Noront) says railway not needed for 10-20 years. Why end your career with a project never to see the light of day, and only be there for optics and give KWG exposure as Tony Marquis states. KWG doesn't have the money to waste on hiring for optics.  My

[greasemonkies]

In the words of the immortal Johnny Cash : I hear the train a coming, it's comin round the bend and Ryan Weston ain't seen the sunshine since I don't know when.

[freed1freed1]

Kwg and Noront have been at odds for the longest time. Wonder if a combination of an east to west road connecting communities and a railroad from the R.O.F. to Nakina would be feasible. This might get them to finally work together for a change!!