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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 Pear3on Nov 01, 2013 5:08pm
162 Views
Post# 21869889

RE:RE:RE:RE:RE:RE:Stock stable

RE:RE:RE:RE:RE:RE:Stock stableBoth the fed and Ont govs can't afford to wait that long.  They both desperately need a big success plan or story to get re-elected and to show that they are on top of their deficits / budgets.  They need to be seen creating growth and jobs even if they are in the future and for the long term.  This stock price will probably go up in steps following each portion of positive announcements.

The first is probably the plan for infrastructure using the NS route, then the formation of the port authority based on the divestment of ONTC assets to the fed gov (possibly with financial compensation to the Ont gov).  Next will be the approval of PPP for KWG, FN and corp partner(s) and Fed $$ contribution to the transportation infrastructure.

Of all the stocks that I follow KWG has been one of the best at building value for the shareholder.  We may not hear from them very often, but when they come out with a JV with BOLD after 8 months of talks and negotiations, then you know that they are not sitting on their hands.  This is a once in a lifetime stock...let's hope it plays out in the timeline that the govs need...that should move things along earlier rather than later.

Best of luck to all KWG longs
Pear3

Bullboard Posts