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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 Apr 24, 2014 1:03pm
209 Views
Post# 22486947

RE:RE:RE:KWG Still has to earn Shareholder Confidence

RE:RE:RE:KWG Still has to earn Shareholder ConfidenceBaron, I have been here for a number of years. I have always been impressed by the News Releases, because they were often long standing initiatives that had come to fruition. In all of these instances, the nature of the news release itself supported the reasons why KWG had kept the initiative secret up to that point. My question to you is...1. why do you assume that they haven't done what you ask...2.why do you assume that they should reveal anything before it is strategically desirable to do so...3.why do you assume that those business plan components of which you speak are not already trumped by plans for a partnership or takeover...in this case the business plan would only be revealed when the partnership or take-over is concluded. My patience with KWG has never been misguided nor has it been wasted. IMHO KWG has achieved and earned a high degree of confidence from its shareholders, as witnessed in the fact that very few of the 6000 strong are selling. The fact that the big guns haven't fired yet has nothing to do with presentations or lobbying. It has everything to do with posturing and risk management; I am convinced that it will be a different game once the Ont and Fed Govs have announced their respective financial support for infrastructure... Then I think we will see who has been circling the skies above us. Until then I am happy to wait for the next NR fully confident that the KWG team is about to close the deal with a very lucrative outcome for all. Best of luck to all Pear3
Bullboard Posts