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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

Post by Profit79on Aug 31, 2021 7:26am
264 Views
Post# 33786747

Takeout

TakeoutAs predicted it seems like we are in the early stages of interest for a buyout/consolidation from unknown entity. The share price has languished due to short term flippers and market manipulation in a bid to keep this share price down so that a buyout offer can be a lowball one. This also coincides nicely with KWG updating some of its claims and forward looking statements awhile back, probably to clean everything up so that i's are dotted and t's are crossed. While I hope we would get .50 a share, I doubt it. I do think .25 a share is reasonable and hopefully higher. Anything lower than that is criminal, but we will have to wait and see. As someone that has been here for 15 years or so I have one recommendation: HOLD YOUR SHARES AND DONT FLIP TO MAKE PENNIES. HOLD HOLD HOLD AT ALL COSTS. 
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