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.

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KWG Resources Inc

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Comment by Formulatoron Sep 22, 2016 6:37pm

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Post# 25268057

RE:Warning

Big short position because smart money is shorting the stock and then picking up the placement for $0.32. if they can sell fo $0.30. they essentially get a 3 year warrant for $0.02. some people are also locking in their capital losses and then buying the flow through shares to get the income tax write off.

Sophisticated investors are taking advantage of this to basically get the free warrants and/or the tax write off. then the little guys are seeing the huge short interest and ice berg orders and then panicking and selling.

the end of the day, its about the road or the rail ... no transport corridor means that this puppy is not worth anything. put in a rail line and it's pay day for KWG and NOT share/stakeholders.

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