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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 01, 2013 5:08pm
160 Views
Post# 21869889

RE:RE:RE:RE:RE:RE:Stock stable

RE:RE:RE:RE:RE:RE:Stock stableBoth the fed and Ont govs can't afford to wait that long.  They both desperately need a big success plan or story to get re-elected and to show that they are on top of their deficits / budgets.  They need to be seen creating growth and jobs even if they are in the future and for the long term.  This stock price will probably go up in steps following each portion of positive announcements.

The first is probably the plan for infrastructure using the NS route, then the formation of the port authority based on the divestment of ONTC assets to the fed gov (possibly with financial compensation to the Ont gov).  Next will be the approval of PPP for KWG, FN and corp partner(s) and Fed $$ contribution to the transportation infrastructure.

Of all the stocks that I follow KWG has been one of the best at building value for the shareholder.  We may not hear from them very often, but when they come out with a JV with BOLD after 8 months of talks and negotiations, then you know that they are not sitting on their hands.  This is a once in a lifetime stock...let's hope it plays out in the timeline that the govs need...that should move things along earlier rather than later.

Best of luck to all KWG longs
Pear3

Bullboard Posts