Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 ClayTauruson Mar 17, 2023 3:10pm
172 Views
Post# 35345751

RE:Will the Drills get a chance to speak....

RE:Will the Drills get a chance to speak...."...KWG will not be commencing any drilling on new targets."

Given the geo theory that the Chromitite is sheared by a fault and that BlackBird + Black Horse at around 120million tonnes (so far) lines up to be the bottom of Big Daddy (about 30 million tonnes), the Massive MT Survey image in a location that lines up with the thoretical bottom of Black Thor is too much of a temptation not to drill if the math remains the same and there is possibly 640 million tonnes to add to the resource.  It would be a $200 Billion plus add to the in-situ value, and remove any doubt that the region is viable to finance.

Buyout or not, there will be drills, IMO.
<< Previous
Bullboard Posts
Next >>