KWG Resources Inc C.CACR

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

Metals & Mining Copper

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

Post by Peace4Allon Mar 28, 2017 1:37pm

146 Views

Post# 26041415

Hi Bruce

I just sent this to Bruce:

Hi Bruce,

As you know, I have been a shareholder for a long time in this company and have invested a fair chunk of change. I am disturbed by the continual dilution of my shares. What are we to make of the announcement on March 3?

The views on the bullboards are becoming increasingly heated as the retail investor is becoming very concerned about the direction of this company.

We are all wanting to get a decent return on our investment and we are therefore very patient. However, our investment has only soured dramatically. We understand the risks of investing in small caps but we do so, in no small part, because trust the information we are told - we trust management. Trust is now at an all time low as there are a lot of unanswered questions right now:

What is happening with the negotiations with the First Nations?

What is happening with the feasibility study from China?

What is going on with discussions in Turkey?

What is happening with the patent of the gas production process?

Everyday we anticipate some positive news - however further dilution of our shares is by no means positive. I understand things take time but I can tell you that I am becoming rather impatient with announcements that suggest something is coming next month or by the end of the year and then information only trickles out in a piecemeal fashion that is absolutely meaningless.

We need to know what is going on. This overselling of the PP came as a shock - we deserve better than a very general phrase of where the money is going to be spent. Further, this special meeting in April has now taken the goat.

I, for one, will not be voting for anything this management is putting forward from here on until I am shown beyond a doubt what is happening. Perhaps time has come for management to change? Keep this up and we will see if we cannot do what has been done with Rapier Gold Inc.: https://news.morningstar.com/all/canada-news-wire/20170327C1571/concerned-shareholder-announces-court-victory-for-shareholder-democracy-and-challenges-questionable-financial-decisions-by-entrenched-management-and-board-of-rapier-gold-inc.aspx

Now is the time to act so that investors can trust your leadership. Confidence in management is beginning to thin.

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