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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 CYPSaviouron Nov 06, 2021 11:19am
132 Views
Post# 34095702

RE:Ring of fire mentioned

RE:Ring of fire mentionedThis mention of the ROF in the Ontario budget was the reason I added more this week.  Without this mention I would have figured kwg to be dead money for a while.   I just can't see how the stars are more aligned.  Why this interest for Noront all of a sudden?  Were BP and Whyloo both promised help from the government and hence the rush to buy out a Canadian explorer? Why did a lot of insiders invest hundreds of thousands of dollars at the same time?

Why wouldn't a Canadian major like CN RAil or Teck want a piece of the action as well and hence open a position with kwg? 

Once the Noront purchase gets done, why wouldn't some of that NOT juicy investor cash come this way, as it seems that a few of their shareholders feel they were shortchanged with the merger of the two Australian companies?  And then that 0.05$ wall will finally get broken IMHO.



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