Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

KWG Resources Inc C.CACR

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

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 Pear3on Nov 27, 2012 1:53pm
173 Views
Post# 20650394

RE: RE: moving ahead

RE: RE: moving ahead

Hey Kozy, no disrespect intented but IMHO the easement application doesn't prevent the Federal Government from announcing their positive intent for one or more of the following:

1. Establishment of port authority;

2. Support for the ONTC New Plan;

3. Support for the NS RR route to be rail vs road;

4. Approval announcement for the KWG 3P application;

5. Engineering or construction "tenders" in preparation of building phase of RR.

Each of these, alone or in conjunction with an other(s) would launch buyers into all of the ROF stocks including institutional buyers who don't mind waiting 5 to twenty years to see X times multiples on their investment. 

Please let me know if I am missing something about the importance of the easement application.  It is my impression that Cliffs predicament, does not obligate the Fed Gov to put its plans on hold.  Afterall, KWG might have to accomodate Cliffs delaying tactics but not the Fed Gov, when you consider the interest of the Canadian economy, its residents as well as the "net benefit to Canada" clause that has garnered increased attention in both the government discussions and the media in the last couple of years.

Pear3

Bullboard Posts