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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

Post by Profit79on Feb 25, 2021 12:15pm
134 Views
Post# 32658605

Ignore Goodfart like his wife does... On another note

Ignore Goodfart like his wife does... On another noteIn the last 5 months, roughly 133 million shares have traded hands. I just did some math. So in terms of catalyst to get this going thats anyones guess because I dont believe in efficient market hypotheses. Perhaps a butterfly flaps its wings at the white house and KWG moves. If I had to extrapolate: There are some people close to Tony (fuggedaboutit) that are inolved in financing and capital markets and adept at structuring infrastructure deals. If I add 2 + 2 what I get is that Tony wasnt lying when he said financing this project will be a different route. I think Occams razor is at play here, being the simplest answer is more likely the right one. On another note, I havent delved too deeply into it but one must aske themselves : How does climate change affect gravel roads? Im sure the engineers will know more about this than me, BUT when this road was proposed and agreed upon, it was presumably under a different set of environmental circumstances. Im sure I am not the only person to be thinking about this. 
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