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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 Aallyyon Jul 30, 2023 5:37pm
93 Views
Post# 35563963

RE:RE:RE:Mr. Smith

RE:RE:RE:Mr. Smith Fair point but think the scurrilous releases about one person should at least be balanced out, look at the Concerned Shareholders of Fancamp between December 2020 and October 2021.

Smith and the Concerned shareholders saved investors from losing 45% of their equity to a long historied and unsuccessful zinc pit.

Salient points about Smith;

- he co- founded and kept a junior alive for 34 years with many diverse opportunities in extremely arid market conditions.

- he was part of the creation of Champion Iron Mines. Unfortunately they decided to sell? their 22M held FNC shares to a director on the opposite side of the Concerned shareholders. It was coincident with Fancamp giving up its 1.5% non-recourse royalty in all the CIA held iron properties but according to some there was no connection. The 22M was too large a block to counter but was close.

- he was at the helm of FNC when the highest grade chromium deposit in Canada was identified.

The list goes on and think it noteworthy to say he doesn't boast and put out news releases about himself.




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