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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 cashin17on Apr 22, 2022 12:09pm
137 Views
Post# 34624003

RE:RE:Hands tied

RE:RE:Hands tiedNot saying Frank is selling us out. By employing RBC and possibly being told that there is a gag order that goes along with the deal then in fact Frank can not release anything material, IE; Patent info, further deals with FN's etc. etc.
This would not bode well for us share holders and Wyloo can bend us over like they did to Not.

Our only hope is that when push comes to shove we have to hope that some of the other majors that have been in talk with us do in fact create a bidding war of sorts or we will get squeezed out just like the Not share holders did, yet Coutts etal came out smelling like roses.....
Wyloo with the cash they have can waltz in the back door, give FN's a sweet deal, to later welch on the deal but will have stolen us for pennies.

Some integrity to the share holders that kept this thing a float for years should be reciprocated to us!!
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