Hebe's Profile
Hebe's Posts
Consolidation happening, could this mean Noront & KWG working together now? The two new releases today, one by each company were only a couple of hours apart.
Probe & the two disputed claims left to go!
Today's news release by KWG.
http://www.theglobeandmail.com/globe-investor/news-sources/?date=+20150821&archive=ccnm&slug=201508211022240001
Claims map
http://www.kwgresources.com/_resources/maps/Chromite_Deposit_Ownership_Ring_of_Fire_Ontario.pdf
Holding stong, good Luck to all!
Hebe
From Inca post…
Chinese Nickel Imports Jump to 6-Year High as Shortage Looms
Goldman, Citigroup
An Indonesian ban on exports of nickel ore at the start of 2014 spurred China to stockpile the material and boost supplies from the Philippines, the only other major source. Inventories of nickel ore in China are now at their lowest since September 2011, according to data from Beijing Custeel E-Commerce Co.
http://www.bloomberg.com/news/articles/2015-07-21/nickel-imports-by-china-jump-to-six-year-high-as-shortage-looms
____________________________________________________________________________________________________________________________
and what’s could come to keep driving the price up!
The Philippines nickel heats up with Chinese demand
New legislation on exports
In a bid to tap into the estimated 9m ha of mineral resources, the government has been examining strategies to raise the sector’s overall economic contribution, such as seeking a bigger share of mining revenues and a move similar to Indonesia’s ban of exports of unprocessed ore. Value addition would improve industrialization, attract investment and help grow revenues it said.
http://www.oxfordbusinessgroup.com/news/philippines-nickel-heats-chinese-demand
and further…
Retired General Says China Could Reclaim Disputed South China Sea Reef From Philippines 'By Force'
http://www.ibtimes.com/retired-general-says-china-could-reclaim-disputed-south-china-sea-reef-philippines-2017354
Noront know's where to drill & what they will find there, NICKEL!
4% - 5% from the last drill results from AT-12, they stopped drilling at that time, had reported it was a feeder & estimated it being 3 times larger than Ealges Nest.
Good luck to all,
Hebe
Would anyone venture a guess as to what the share take over price for Noront to buy out KWG?
Cliffs offered .18 way back when Freewest was bought out.
Frank had said way back when, that he felt KWG was worth $0.27 or $.28 and that was before the railway right-of-way, chrome process patent, and Blackhorse chrome deposit, and also tracing big daddy down 1700 m which KWG owns 30%.
I have a lot of shares in both companies and would not mind a takeover bid if it was reasonable, the question is what do you think is reasonable?
After all everyone has their price right!
Just a guideline, I'm not looking for a debate, just a quick reply with a price of what you think it would take if Noront decided to make a bid for KWG?
It also could be in shares?
10, 15, or 25 KWG for 1not?
Also if Not did make a run at KWG, they would have to consolidate Bold as well, with the partnered deal Bold 80% on the non Chrome elements with kwg on the black horse chrome deposit.
Could this be the next move?
Still no word from the not/kwg meeting, unless I missed it, been away for awhile & need to catch up my reading...
Hebe
Another PC finace minster!
Can you name a Libral PM?
My quest was in to regards to past PM's, but I think your proving my point.
Thank you.