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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 Pear3on May 08, 2017 5:48pm
191 Views
Post# 26218310

RE:RE:RE:KWG shares

RE:RE:RE:KWG shares Hey cashin17... funny you should ask just as I was re-reading the KWG PEA from 2011. I don't consider myself "well informed" but I have given this a lot of thought over the past 7 years. It's very hard to put a number on it... I guess it all depends on who is bidding, how long we maintain this course, how much good news comes out and what the perceived ratio is between risk and value but at the time of the TO... In 2011, KWG had the RR and owned 28% of Big Daddy + a 1% NSR on Black Thor and Black Label chromite deposits...with approx. 350million shares outstanding... and at that time an estimated price per share range was published in the PEA at $2.97 to $4.78. At this point in time (2017), we have tripled the float at 1.1 billion shares but we have also acquired rights to the Black Horse deposit, have developed a nat. gas patent pending process that would cut production costs by as much as 40% and create a significant revenue stream in royalty payment and we have costed out the RR + Mine + "smelter" with FSDI....+ add possible value of producing asset and Chinese off-takes. That being said, the price of ore has gone from approx. $2.50 / kg USD back then (2011), to $2.29 currently and is on the rise. So taking in all of this info, I WOULD LIKE to see a potential TakeOver price grow at the following rate: 1) following a successful trip to China = financing for RR + signed off-take agreements for min. 20 million tonnes of ore equiv. = ( $0.15 to $0.25 per share by the end of 2017). 2) following the profitable acquisition of the producing asset (cashflow/profit), the support from Canada's infrastructure Bank in the form of a P3 (1-3 billion in loan guarantees) , as well as the Ont Gov support for infrastructure (road beyond Pickle Lake and roads between FN reserves) + final acquisition of increased interest in Black Horse deposit = ( $0.60 to $0.75 per share by the end of 2018). 3) following permitting from Govs for EA processes, + further developments in the Nat Gas patent pending process (possible obtaining of patent) + approval of P3 in collaboration with Chinese funding + partnerships with one or both of Probe and Noront (increase in long-term Off-Takes ) for ore processing royalties and/or commitment to Nakina processor + NSR for Nat Gas process on both + Transportation agreement for RR for all ROF ore = ( $0.95 to $1.45 by the end of 2019). If we are not bought out by then...??? Please keep in mind that these are my estimated best guesses and could decrease, or increase/even double, should there be more than one interested party during any TO acquisition phase (bidding war) I am in no way associated with KWG in any way; nor do I have any privileged access to information. These numbers are just my reasonable hopes relative to the material events that could happen. I have used the 2011 PEA, comparisons between the 2011 and 2017 floats, the increase or acquisition of material assets and the potential for future earnings of the Patent pending process. Please do not take these as having been accurately calculated ... they are my best guess hope. Do your own DUE DILIGENCE or talk to KWG principles themselves. GLTA KWG longs
Bullboard Posts