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KWG Resources Inc C.CACR

Alternate Symbol(s):  C.CACR.A | KWGBF

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 startenouton Nov 02, 2021 4:34pm
115 Views
Post# 34079236

RE:Collusion???

RE:Collusion???
startenout wrote: Just a question for the board...
I am not saying this happened, but, If BHP and Wyloo got on the phone to each other and came up with some sort of agreement to stop the bidding process ( just to cap the amount of cash  going  back to sharehokders @ 75 cents) and lets say BHP said to Wyloo, we will give you a 1.50 just to get rid of you and take up your shares after Nov 9th And say Wyloo accepts, is that not the exact definition of collusion??? And is there anything that could be done if that is the case. Again not saying it is happening, but could it?

We just may find out about how the rules play ot in this senario. This is where the retail shareholders could really get the shaft. All info better be above and on the table. I was worried about it going this route.
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