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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 Dragon23on Jun 06, 2016 5:58pm
172 Views
Post# 24939493

RE:Dragon

RE:DragonIR....I am quite cognizant of the entity "Noront" being under the total control of their deep pocketed shareholder (RCF) and to a lesser degree, Franco/Nevada. If, as some speculate, our shares skyrocket in the coming year or so, the 100m plus shares that Noront has will more than cover their entire debt no? So if RCF stays in the game, and I happen to think that they will for a while yet, to keep stating the collateral position of the KWG shares that Noront holds is a moot point right now. Anybody with a loan or mortgage secured by some collateral do not make them less a bonafide property holder does it? Not in my world.

So yeah, I am quite aware of the entanglements of Noront, and still confident of a favorable outcome when the dust settles on the ROF! I think that we all may well be surprised at the eventual outcome here. And as I have often said I hope we all make some serious moola...even the 'researcher'....if he/she even owns any shares!
Bullboard Posts