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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 CYPSaviouron Nov 06, 2021 11:19am
142 Views
Post# 34095702

RE:Ring of fire mentioned

RE:Ring of fire mentionedThis mention of the ROF in the Ontario budget was the reason I added more this week.  Without this mention I would have figured kwg to be dead money for a while.   I just can't see how the stars are more aligned.  Why this interest for Noront all of a sudden?  Were BP and Whyloo both promised help from the government and hence the rush to buy out a Canadian explorer? Why did a lot of insiders invest hundreds of thousands of dollars at the same time?

Why wouldn't a Canadian major like CN RAil or Teck want a piece of the action as well and hence open a position with kwg? 

Once the Noront purchase gets done, why wouldn't some of that NOT juicy investor cash come this way, as it seems that a few of their shareholders feel they were shortchanged with the merger of the two Australian companies?  And then that 0.05$ wall will finally get broken IMHO.



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