KWG Resources Inc C.CACR

Alternate Symbol(s): KWGBF | C.CACR.A

Metals & Mining Industrial Metals & Minerals

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

KWG Resources Inc

Bullboard Posts

Comment by daCriticon Jun 24, 2015 1:00pm

107 Views

Post# 23864056

RE:Transfer from one account to another

When you make such a transfer, you are deemed to have sold the shares at their fair market value. It's a bad move anyway. It does not result in a deemed disposition or sale of the shares for tax purposes. This means you will not have a capital loss to record. You should have sold them, waited 30 thirty days and repurchused them in your TFSA.

daCritic

Bullboard Posts

Investor’s corner: Solving chronic pain in dogs – A significant market opportunity