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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 Jan 14, 2016 7:03pm
168 Views
Post# 24460069

RE:RE:RE:RE:My plan

RE:RE:RE:RE:My planHey Cashin17... I would like to add if I may.... Let's flash back to the original PEA that was done in 2010 -11 which conditionally stated that if the RR, the mine (we owned 30% of BD) and the concentrator/smelter (at that time...pre gas patent application) were built then KWG stock would be valued at between $2.89 - $4.78. Now flash forward and consider that we have virtually tripled the float, so we adjust that range to $0.96 - $1.59...not quite but close! BUT now add the value of gas patent (pending) and the 80% of BH.......as a guess we put an asset value of $500 million on the patent and $3 to 5 billion on the BH asset (similar value as BD - lower concentration but higher volume - divide by 3 for float increase and multiply by 2.66 for 80% vs 30% ownership) then add to adjusted price from original PEA. Given these changes since the first PEA, and the new StandStill agreement with FSDI, I would estimate that a reasonable price RANGE, for KWG in a take-over scenario (following a gradual ramp-up in price over time) would be = (.96 to 1.59) + ($3bil to $5bil /3 X 2.66 / 850mil shares) = ($0.96 to $1.59) + ($2.66bil to $4.44bil / 850mil shares) = ($0.96 to $1.59) + ($3.13 to $5.18) = $4.09 to $6.77 per share...if WE SURVIVE AS A COMPANY until the RR, the MINE and the Plant in Nakina are built... prior to that time, it is up to the possible take-over opportunities that may arise...I suspect that 50% shareholders would tender their shares under $0.50 per share and the majority would tender under $0.75 per share...in my wildest dreams I would like to see a scenario like the one we witnessed and lived, in the take-over of Spider Resources by Cliffs, where a major shareholder (KWG) dissented from the tendering process and forced a higher offer by Cliffs...I really don't know enough about the Standstill Agreement, but I would hope that it can offer us some protection and longevity during the ramping up of the share price prior to a Take-over offer. Opinions and discussion is welcome... GLTA KWG longs Pear3
Bullboard Posts