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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. It is focused on acquisition of interests in, and the exploration, evaluation and development of deposits of minerals including chromite, base metals and strategic minerals. It is the owner of 100% of the Black Horse chromite project. It also holds other area interests, including a 100% interest in the Hornby claims, a 15% vested interest in the McFaulds copper/zinc project and a vested 30% interest in the Big Daddy chromite project. It has also acquired intellectual property interests, including a method for the direct reduction of chromite to metalized iron and chrome using natural gas. It also owns 100% of Canada Chrome Corporation, a business of KWG Resources Inc., (the Subsidiary), which staked mining claims between Aroland, Ontario (near Nakina) and the Ring of Fire. The Subsidiary has identified deposits of aggregate along the route and made an application for approximately 32 aggregate extraction permits.


CSE:CACR - Post by User

Bullboard Posts
Comment by massivemeltdownon Feb 08, 2012 10:52pm
196 Views
Post# 19507341

RE: RE: RE: RE: RE: Could

RE: RE: RE: RE: RE: Could

I'm a tired old guy who would settle for 0.19 because your premise that this share "restructuring" will offer more options for financing is ridiculous imo.  Banks lend on assets and cashflow, and marginable shares do not reflect a better lending risk for financial institutions the way you have inferred.  You do realize having a share price above a certain price does not automatically qualify a security to be marginable, not to say in this case it will not, but don't count on something that is out of your control.

Being one step ahead is a lonely journey and sometimes it's best to slow down if you ever want to enjoy the fruits of your labour and find a dance partner.  I am long KWG and frankly would like 0.19 and if there is another series of "special" shares, I would be happy to receive those shares as a non-voting spinout of the RR and have some cash in my pockets.  Looking at what happens to a junior that tries to play like a major (i.e. TBZ) shareholders often watch the projects they fund go on while their portfolios lag...then again, if your goal is to watch others benefit from your investment for the sake of patriotic pride, then perhaps KWG should continue walking alone into the sunset.

Now is the time to put ourselves into play imo and whether it's a starting bid at 0.19, it's certainly better than having shares trade endlessly at 0.075. 

No doubt this project will get developed as both CAD and US governments will ensure that is the case, however I don't think shareholders will reap the benefit by continuing to play games delaying the inevitable.  Much like real estate the longer it sits on the market the more likely you are going to see a price reduction...especially when you are looking at the higher end....I would say KWG is at the top of the high end. jmo and do you dd.

glta.

Bullboard Posts