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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 Profit79on Sep 17, 2021 1:54pm
164 Views
Post# 33878343

RE:RE:Potential Worth

RE:RE:Potential WorthI addressed this a long time ago. I said that although realistically it could go for a lot higher per share valuation, it would likely be taken out for somewhere in the ball park of .15-.30/share. Now having said that, if the share price stays at this price that would be realistic. If the share price can manage to break free from being held down (which is exactly what has been happening for some time) then the valuation changes favourably. My theory is that due diligence is being done as we speak and thus the share price is being held down so they can take us out on the cheap. The most logical answer is usually the right one. 
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