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KWG Resources Inc C.CACR

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

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

Bullboard Posts
Comment by mapmakeron Mar 21, 2011 8:55pm
288 Views
Post# 18319109

RE: UPSIDE??

RE: UPSIDE??

Waddy wrote --"Does anyone see any near term SP upside in the near future, or will this just hover between .10 and .12 for the next year?"

There are two types of investors in KWG and both are polar opposites in where they think this stock price is going...

First type are the Smeenk-maniacs (S-M)
S-M believe in Frank and his plan and believe it is being carried out just as Frank has designed it.
S-M believe that CLF will come crawling thru KWG doors begging to use their rail alignment.
S-M even have a back up plan if that doesnt work; KWG will sit at a table with the First Nations Chiefs, Premier of Ontario and the Chinese. They will all hash out a plan to build the railway and mine the Big Daddy without CLF and everyone will be a rich.
Either way, S-M think KWG will be $3-$10 within the next 5 years.

The other camp is the Smeenk-denier (S-D),
S-D feel that Smeenk's plan was flawed from the start.
S-D believe that KWG recent new releases are just fancy ways of saying absolutely nothing.
S-D believe that the deposit is fully defined and tested so its time to sell.
S-D know that there is great value in the piece of bedrock that they own 30% and looking to get their value back.
S-D want Frank to get back in the boardroom with CLF and come to a deal so we can all walk away and drill new areas of the ROF.
S-D think the stock price will be .20c to .30c and could happen tomorrow or in 10 years.

Bullboard Posts