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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 Stockgmon Jan 22, 2020 11:19am
135 Views
Post# 30583163

RE:RE:RE:RE:RE:The .005 cent shares are gone

RE:RE:RE:RE:RE:The .005 cent shares are goneNoront may have controlling interest of the majority of the Ring, but KWG owns the corridor in and out of it. I believe, as far as Big Daddy mine is concerned its close to equal (Nor/KWG}. Does the fact that Nor gave 1st refusal to China help or hurt them? The fact that the USA is considered domestic trade as apposed to international must play into this somehow. KWG has no obligations as to who they sell to. Again, I believe that a road is all that id needed to get a number of these junior mines up and running. Also, keep in mind that China has basically run out of minable chromite. They are now buying from overseas as well. Dont be surprised if you see a big american player, invest and act as the agent selling to China and elsewhare.
Bullboard Posts