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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 ClayTauruson Feb 27, 2023 12:04am
75 Views
Post# 35306399

RE:Institutional Investor can't touch this stock -

RE:Institutional Investor can't touch this stock -
wheelsonthebuss wrote: the stock must be over $1.00 for them to play - the only investors that will touch this play is PRIVATE - like Wyloo or BHP or ???? =  SO SHOW WHEELS THE OFFER ALREADY so WHEELS can move on - this is boring as it gets - O YAYA !!!!!

Bull-twaddle... the only thing institutions have to limit their investments is their investment policy statements.  Share price means nothing, although Market Cap is often a filter.   Even in the old days, insurance companies could invest in juniors using the "basket clause" which IIRC was up to 10% of their investable assets but with individual limits to enforce diversification of basket clause investments.   It's been a while since the whole basket-clause thing was liberalized, but I do remember it being a thing in the 80's when I took the CSC and RR Manual exam.
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