The contractor renormalization group formalism (CORE) is a real-space renor
malization group method which is the Hamiltonian analogue of the Wilson exa
ct renormalization group equations. In an earlier paper [Phys. Rev. D 61, 0
34505 (2000)] I showed that the CORE method could be used to map a theory o
f free quarks and quarks interacting with gluons into a generalized frustra
ted Heisenberg antiferromagnet (HAF) and proposed using CORE methods to stu
dy these theories. Since generalizations of HAF's exhibit all sorts of subt
le behavior which, from a continuum point of view, are related to topologic
al properties of the theory, it is important to know that CORE can be used
to extract this physics. In this paper I show that despite the folklore whi
ch asserts that all real-space renormalization group schemes are necessaril
y inaccurate, simple CORE computations can give highly accurate results eve
n if one only keeps a small number of states per block and a few terms in t
he cluster expansion. In addition I argue that even very simple CORE comput
ations give a much better qualitative understanding of the physics than nai
ve renormalization group methods. In particular I show that the simplest CO
RE computation yields a first-principles understanding of how the famous Ha
ldane conjecture works for the case of the spin-1/2 and spin-1 HAF.