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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 Dragon23on May 07, 2019 8:22pm
176 Views
Post# 29722448

RE:NOT's Announcement for Sault Ste Marie

RE:NOT's Announcement for Sault Ste Marie
Peace4All wrote: With NOT making its announcement for Sault Ste Marie we are also told production would not be until about 2028.  We are in for a long long road before we see any light as stockholders of KWG!

The company provided a preliminary schedule of activities, subject to financing:

The company will be looking at site selection in the second quarter of this year.

• A preliminary economic assessment will be conducted in the second quarter of 2020;

• A prefeasibility study will be completed in the second quarter of 2022;

• A feasibility study and environmental assessment is scheduled to take place in the four quarter of 2024;

• Permits, approvals, funding and project construction initiated by the second quarter of 2025; and

• The hope is to have the project commissioned into operation by the second quarter of 2028.


Read more at https://stockhouse.com/companies/bullboard?symbol=v.not&postid=29719764#yhQfPueJiyxKVq70.99


There must be more news in the pipeline...road; gold partner; Franco-Nevada; ....something 2028 commisioning...overly optimistic ...IMO. The news we really need is that EN has a viable timeline attached. That will see the shareprice surge.
Bullboard Posts