KWG Resources Inc C.CACR

Collusion???

[startenout]

Just a question for the board...
I am not saying this happened, but, If BHP and Wyloo got on the phone to each other and came up with some sort of agreement to stop the bidding process ( just to cap the amount of cash  going  back to sharehokders @ 75 cents) and lets say BHP said to Wyloo, we will give you a 1.50 just to get rid of you and take up your shares after Nov 9th And say Wyloo accepts, is that not the exact definition of collusion??? And is there anything that could be done if that is the case. Again not saying it is happening, but could it?

[Patentpending1]

Hard to say the possibilities when it come to large corporations and the goverment. If it were up to me in this and I was a colaborator in a scheme to gain the riches of the RING OF FIRE I would tell the entities to hold off a bit. Let things settle and try to get the best deal. The stakes are high and so am I. 50% as in KWG or nothing. Who is with me !!!

[Patentpending1]

So we KWG suporters still have the 50/50/ unlimited partnership on the table and PLease correct me if I Am Wrong. So given that a 50% stake sounds fair could an entity beat that? Maybe????

[startenout]

PP1, wasn't the 50/50 just for the egress route and rail system. I don't think it included the mineral claims as well did it? But no , I don't think anyone can beat that proposal because no one else has a viable egress route. If anyone comes across any literature on the 50/50 proposal please post. 

[Dragon23]

It was definitely floated by KWG as a path forward. I do not recall there ever being firm agreements signed, sealed, and delivered with any of the Matawa FN's. Too bad it wasn't as simple as the Voisey Bay negotiations where there were only 2 groups for the IBA's etc.  I could be wrong.There may be some agreements in place.

[startenout]

We just may find out about how the rules play ot in this senario. This is where the retail shareholders could really get the shaft. All info better be above and on the table. I was worried about it going this route.

[startenout]

https://ceo.ca/@newswire/bhp-extends-tender-expiry-following-commencement-of

[lou64]

That is the nail in Noront bidding and retail is about to receive the shaft because Noront and all the other investors have ZERO SAY what is about to happen  Notice the big dump and run ? Expect more to come because the speculation is all but over Kwg is a wild card and they will need to deal with or have issues with some other entity coming to play in being a competitor  sorry

[ClayTaurus]

There are rules in the Ontario Securities Act that would prevent the favoring of an Insuder/Control shareholder over rthe interests of public shareholders.  That being said, the wording of BHPs offer and of the proposal put forward by Wyloo only target the acquisition of sufficient shares rather than all the shares. Although not officially retained, the spirit of the present offers appears

[lou64]

BHP already tabled their offer of 75 cents and you will NO LONGER be able to share in their New Company ... This news is and will only be available to Twiggy / Wyloo behind doors deal that I warned would happen many moons ago There are 2 tiers ... the have and the have NOTs It signals a end to any bidding and those that speculated all the way to 87 cents LOST  

[remedy]

Lou, what happens if Whyloo does not want part or half a loaf? but says ,buy our interest for $1,50 or more, for example. What would happen then? R