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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 Tumbleweed67on Apr 15, 2017 1:49am
242 Views
Post# 26123748

Reality Check

Reality CheckListen, all BS aside, Kwg is currently dead in the water. Is Frank & Co. to blame? Of course, he is the captain of this ship, it has happened on his watch. He drastically underestimated the obstacles he was facing. But has he done any improprieties? Perhaps, but likely no more than any other company on this exchange. I have no idea how anyone could believe a lawsuit or OSC investigation is going to benefit themselves, or anyone else. Vengeance perhaps? New management or old, how is your 2 cents going to become 10, or 15? Over 1B shares outstanding...going to take an aweful lot to move this stock that much at this point, patent or no patent. Novak didn't sell out his shareholders, he saw the writing on the wall. Frank didn't, he wanted to keep trying, and KWG shareholders bought into it. I bet there's a lot of people wishing Frank had "sold out" for 13 cents about now? I remember 'ol poochie scoffing at all those "idiots" selling off at 12, 10, 7... cents. Guess they weren't so stupid?
Anybody looking to blame someone for their losses should start by looking in a mirror. Take responsibility for your own actions. You bought into this story! If you've given up hope, sell your shares, take your lumps, and go try to make it back elsewhere. If you think there is still opportunity to make a return here, then get on board with your fellow shareholders and be part of the process, why fight everything? How exactly does that help you? What are you hoping is the end result of your actions? A refund? HA!

Anybody making the accusations being thrown around here is either a complete newbie who doesn't get how things work, or simply a liar trying to be a fly in the soup.

I think we all know which one of these lou64 is!!

TW
Bullboard Posts