what sort of answer is that??? You can`t even give a proper response to the last question and now you`re giving us advice to take .15 for our shares if Clfs was too offer that to us.... why is it a concern of yours what we sell our share for????  why do you even waste your time on this site.... especially KWG   ohh and Noront???  let see... KWG has a good repore and relationship with FN and CCC a subsiduary of KWG holds the access route to the ROF along with the aggregate claims and those claims around Kopler lake... ummmh  and Noront has a couple of good finds such as  Eagles Nest and the Blackbird  of which are not to far from  the Big Daddy... and now KWG is in a jv with BOLD which has just found the highest grade of Chromite in the ROF to date ...  so tell me again why would I should take .15 and run with it ...could you imagine 1 company having total control of  that whole ROF area and the route as well  ... enough to give  someone a chubb...  well keep pounding on the keyboard  because you're not going to convince me to sell  for anything under a buck and a half  ( and I highly doubt that I would at that price) .... but hey that's my feel on what the FMV is this stock...  what others do that is totally up to them. and you`re paycheck isn`t coming out of cleveland... yeh, ok... whatever....

Rail cheaper than road for Ring of Fire: study

Wednesday February 27, 2013
The route of the road or rail line connecting Nakina to the Ring of Fire is in red.

KWG Resources, a mining company that has long promoted the railway option for the region, commissioned the study.

According to the study, the cost of building a rail line over the 330 kilometers between the Ring of Fire and Nakina is nearly $1.5 billion, while the cost of building a highway comes to just over $1 billion.

However the operating costs of a railway line were significantly lower than those of highway shipping, due to the high cost of equipment, maintenance and labour associated with shipping ore by road.

The study estimated that the extra cost of building a railway line would be covered by the savings in operating costs in six years, at the base case for mining production.

“This analysis brings out the features that the rail option is more robust, low maintenance, cost-reflective and demand-responsive to operational and market conditions than the road option,” the study stated.

It also noted that the cost of the rail option goes down compared to the road as more ore is mined in the region.

“The lower medium and long term cost for rail provides an opportunity to develop a more stable and consistent transportation corridor in the region, which can respond well to development,” it reads.

The study also noted that due to a scarcity of gravel in the region, building both a railway and a road may not be possible. Whichever option gets built first may limit the cost-effectiveness of the second option, the report stated.

Cliffs Resources has proposed building an all-weather road from the Ring of Fire to Nakina. A spokesman for Ontario’s Ministry of Northern Development and Mines (MNDM) told Wawatay that the province is considering funding a portion of the road and recouping the money through tolls or fee for use plans. The MNDM spokesperson also said the road would be for industrial users only, and not connect to local communities.

Cliffs VP Richard Fink acknowledged that a railway would be the preferred option, but as he told Canadian Mining Journal, the initial costs of building it are prohibitive.

“Everybody would love a railway,” he said on Feb. 1, 2012. “The concept is wonderful, but we don’t see anybody who would finance it.”

The new Ontario cabinet has also announced it will hold a cabinet meeting in Sault Ste. Marie on Mar. 1 focused on addressing northern Ontario’s “complex transportation needs, including vital access to the Ring of Fire.”