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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 lou64on Apr 01, 2023 8:43am
302 Views
Post# 35373421

Wyloo got stuck with a lemon

Wyloo got stuck with a lemonForrest put a floor on share price 1.40 and shareholders dump on news that the sole customer BHP isn't getting what was arranged per agreement ...

Aussie news speculated about when BHP would counter bid on Forrest set price ?
as per this news IT AIN'T GOING TO HAPPEN and Forrest is now stuck buying shares that might not be selling that nickel due to poor quality to that sole buyer BHP

toooo funny and looks good on the individual that enjoys to play

600 million for noront
Owns 20% of mincor and buying @ 1.40 on open market as per his set takeover price

priceless

Mincor’s product had fallen short of the standards set by its sole customer, BHP.
https://www.afr.com/companies/mining/mincor-turnover-spikes-on-fears-forrest-could-withdraw-offer-20230331-p5cx3s
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