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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 Dragon23on Jan 09, 2022 9:30pm
178 Views
Post# 34298638

RE:RE:RE:The Crystal Ball

RE:RE:RE:The Crystal Ballis it then spun out into its own entity and once its payed off then royalty cheques issued quarterly to FN and KWG shareholders?

If this unfolds as we hope, FN will be full partners, and there are many, many precedents for their royalties to be paid out. Common shareholders....who knows? I guess if we stay aboard with whoever is at the helm, dividends could be there eventually.  At my current age, I will most likely tender to a decent offer, if and when it comes.





And you don't think KWG's claims see another drill bit by KWG?? 

Its been a while since I really scrutinized KWG Mineral Resources data. I think a fair bit of work to move them from Inferred to Proven. I see no value in doing that right away. IMO, there will be just one entity left standing when all is said and done. 

However, just imagine what a frenzie there would be if KWG drilled a few holes and made a significant hit!!! I think I will add a few KWG shares tomorrow.

I am impressed by the new FN blood added to KWG management. 

Good Luck
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