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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
Post by howlongon Mar 27, 2017 7:25pm
139 Views
Post# 26037854

Financing vs share ownership

Financing vs share ownership
I do not think there is a bank or company that wants anything to do with KWG shares unless they get prefered treatment in a bankruptcy. There is no money for Dividends. So forget that for years. even decades. Taxation in Canada of interest income is regresive as it shows up as income and taxed at a much higher rate than capital gains. Someone may be willing to purchase prefered shares if there was a compelling reason to believe a mine would be on the horizon.
More news please
Bullboard Posts