KWG Resources Inc C.CACR

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

Metals & Mining Industrial Metals & Minerals

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.

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KWG Resources Inc > Now this is not good news

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Comment by startenouton Nov 30, 2022 8:45pm

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Post# 35141649

RE:RE:RE:RE:RE:Now this is not good news

elk121 wrote: It is hard for me to beleive some of the posters here.
They predicy great things and huge profits but do they really know the background of KWG.
When Cliffs bought out Noront and offerred 19 cents per share to KWG, Mousseau turned it down.
Check out his background and successes.
I bought back into KWG but now do not expect a great return.
10 cents is likely the high end here.

for anyone who wants a refresher on the KWG/Cliffs battle, you can find most of it here.https://olt.gov.on.ca/wp-content/uploads/2018/04/8-2.pdf. And here is the Cliffs/KWG/Spider summary https://www.reuters.com/article/us-spider-cliffs-idUSTRE66209320100703y