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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

Comment by lou64on Aug 23, 2021 9:32pm
115 Views
Post# 33753152

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Share Split

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Share Split

It is optics

By providing something that looks like it is a win for you but when you need that vote they trump you because you offered them more power 

yes the share counter equals the same and yes it is a bone thrown your way for coversion

but let's say we are in Noront position and it is coming would you like to say I'm not interested in that let say 20 cent per share bid because this is worth more but management say you need to take the deal because we ( management ) endorse and we tendered our shares 

but you just gave them 3X the power ...... bend over buddy and take one for the team

Understand ?

Noront worth more then 55 cents but management sold out their shareholders
 

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