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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

Post by oilinvestor2022on Jun 09, 2022 4:16pm
211 Views
Post# 34745123

Too Funny about New Buyers

Too Funny about New Buyers

It really makes you laugh like look at bold ventures for example trades at 4 times book ball park.  We are trading at less then 1 times.  Do you think the 60 million offloading of shares affected share price??? Let's see maybe yes!!! Ha ha.

4 times book would be about 20 cents a share!!!!  What does Bold ventures have compared to us??? A lot less. We have value written into so many different levels:  mineral leases, railway, patents, causeway, gravel sales for road (maybe but not certain on fords road construction!!!).  There are also intangible assets like tax write offs associated to exploration and R and D, good will with key players etc. etc.

Too much to list!!!

good luck to all and do your own due diligence.

oil investor

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