KWG Resources Inc C.CACR

Alternate Symbol(s): C.CACR.A | KWGBF

Metals & Mining Industrial Metals & Minerals

KWG Resources Inc. is a Canada-based exploration stage company. The Company is engaged in the discovery, delineation, and development of chromite deposits in the James Bay Lowlands of Northern Ontario. It is focused on two projects, which include Black Horse Project and Big Daddy Project. The Company’s Black Horse Project is located approximately 280 kilometers north of Nakina, Ontario, which contains the Black Horse chromite deposit, including over 1,024 hectares covered by four unpatented mining claims. The Big Daddy Project is located approximately 280 kilometers north of Nakina, Ontario, which contains the Big Daddy chromite deposit, including over 1,241 hectares covered by seven unpatented mining claims. The Company also owns a 30% interest in certain mining property claims contiguous to McFauld’s Lake in Ontario. Its subsidiaries include Canada Chrome Corporation, SMD Mining Corporation, Canada Chrome Mining Corporation, and Muketi Metallurgical General Partner Inc.

CSE:CACR - Post by User

KWG Resources Inc

Bullboard Posts

Comment by gearshifton Oct 07, 2010 2:51am

423 Views

Post# 17538882

RE: RE: RE: Very

Thanks Derek
I can see your reasoning but the only thing that bothers me is that if the evaluation works out for the outstanding holders and lets say they get 10 cents more than the original offer, that is a total payout over the group of $80,000.
Now I am not saying that people should walk away from money but the process and the ulcers would not be worth it to me. I am sure everybody was in the profit area when the final offer was made.
I could be off on my numbers as I don't know what the expectations of an evaluation are so pls don't hold them to me.
Happy sleep.

Bullboard Posts

This junior mining stock offers billions in market exposure