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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 Aallyyon Jul 30, 2023 5:37pm
131 Views
Post# 35563963

RE:RE:RE:Mr. Smith

RE:RE:RE:Mr. Smith Fair point but think the scurrilous releases about one person should at least be balanced out, look at the Concerned Shareholders of Fancamp between December 2020 and October 2021.

Smith and the Concerned shareholders saved investors from losing 45% of their equity to a long historied and unsuccessful zinc pit.

Salient points about Smith;

- he co- founded and kept a junior alive for 34 years with many diverse opportunities in extremely arid market conditions.

- he was part of the creation of Champion Iron Mines. Unfortunately they decided to sell? their 22M held FNC shares to a director on the opposite side of the Concerned shareholders. It was coincident with Fancamp giving up its 1.5% non-recourse royalty in all the CIA held iron properties but according to some there was no connection. The 22M was too large a block to counter but was close.

- he was at the helm of FNC when the highest grade chromium deposit in Canada was identified.

The list goes on and think it noteworthy to say he doesn't boast and put out news releases about himself.




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