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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

Comment by ClayTauruson Apr 08, 2022 2:27pm
108 Views
Post# 34588738

RE:RE:RE:RE:RE:Stars Couldn't Be More Aligned...

RE:RE:RE:RE:RE:Stars Couldn't Be More Aligned...
lou64 wrote: What was your other alias over on Noront ? 1st post made new name today ? LMFAO 

every piece of steel that goes into any automobile has a percentage of chromite !!!

the higher the fire and impact collision risk has a higher content ... Forrest Green Gummp bought Noront for 100 years of Chromite that sits in the ROF not some 10 year nickel play


Given his main customers are Chinese steel makers, it would only make sense for Wyloo to want to supply Chrome to the country that has none, but produces over 60% of the world's stainless.  He could end up doing an end-run around Glencore and sieze the opportunity to consolidate his importance as a supplier to the higher-value stainless industry.  

The IP that refines chromite using much less energy and still emits lower greenhouse gases without the carcinogenic hexovalent chrome problem would align with his green values and be exceedingly profitable as much of the byproduct is marketable as refractory material - lowering the overall refining cost even more.
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