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.

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KWG Resources Inc

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Comment by investoraton Nov 25, 2018 11:55am

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Post# 29018878

RE:RE:RE:Marten Falls EA Proponency a Game-Changer

Indeed

A committed road to the ring of fire has to happen in order to justify:

-Spending taxpayer money in the billions to provide infrastructure to the Northern Matawa communities,,,,we have a highway called the transcanada which is the economic hub of this country and its expansion to 4 lanes sadly is delayed due to funding and has been piece mealed over decades.
- You cannot spend that type of money without a economic case,,,period.
-Webequie is going through the environmental process for what? a road to the rof that is landlocked?

So it is my belief Marten Falls wants the resources,,,as a matter of fact Eabematong and Neskantagas only real problem is they think they are going to get cut out of the money.

As far as a road ? if you read the environmental assessment it states

This agreement is made in triplicate, between:

The Minister of the Environment and Climate Change (the “Minister”)
Marten Falls First Nation, its agents, successors and assigns (the “Proponent”)

Concerning:

The Proponent proposes the construction, operation and maintenance of an all-weather multi-use road and all associated infrastructure between the current northern terminus of the “Painter Lake forestry road” and the community of Marten Falls. The project is known as the Marten Falls Community Access Road Project. (the “Undertaking”)

This not just a gravel road to marten falls.

Marten Falls has recently established a development corporation. This is not because they are only building a gravel road to the highway,,,no this is the stage for their chromium business.
https://anishinabeknews.ca/2018/11/21/board-member-recruitment-for-marten-falls-first-nation/

Bottrom line the access is coming,,,politics is still playing out

This gives KWG the time to drill off blackhorse and develop the patent.

So if KWG secures funding ,Frank wants 100 million i believe i read in the past,,,,then we will get to where we should be valued,,,,

There is a big difference between noront and KWG

KWG has a heck of a lot more upside over the next year or two.