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KWG Resources Inc C.CACR

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

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

Comment by Dragon23on Jun 09, 2021 5:58pm
180 Views
Post# 33359707

RE:RE:Closed at 0,03 $ again

RE:RE:Closed at 0,03 $ again Yes, agreed startenout. So many have not weighed in on this yet...either level of government, Matawa chiefs,  no one from KWG, and now we have the Wyloo bozo on the board at Noront. Uncertain times for sure.

Be interesting to see how it plays out now. For sure the valuation of Noront will be a triggering event, IMO. An official offer, perhaps, and who knows, there could be other suitors. Imagine if KWG were already speaking with a financial backer, and KWG ended up doing the buyout, the consolidation that Al speaks about so blithly, as Greasemonkies pointed out.

I for one, would rather see the ROF under a Canadian flag, as opposed to going to a foreign country. Bottom line, I want a bit more than 0.315 whoever gets control. It has been a long 13 years forme. I really hope this saga ends soon....and ends well for everyone.


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