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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 makesenceon Nov 26, 2015 10:43am
106 Views
Post# 24327936

RE:RE:COURT APPEAL IS MEANINGLESS

RE:RE:COURT APPEAL IS MEANINGLESS Well if Noront wins then KWG should make a class action law suit on behalf af all KWG shareholders on record of July 2014. Many KWG investors reduced or sold their KWG shares to protect whatever was left of their investment in KWG. The class action law suit would render justice for losses suffered because of wrongful practice by Ontario court and Cliffs and Noront. I agree winning this case is very important but KWG cannot aford to spend its cash on legal battles that will take time and may be futile in view of what we just gone through with 2 appeals which is not helping ROF development. Perhaps a class action may be initiated once the ROF a go and profitability is a possibility. It is just unfortunate that 5 years has been lost to develop the rof because of greed and terrible governemnt vision. My only hope is to see the ROF being developed in my life time. 
Bullboard Posts