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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 Aallyyon Nov 11, 2023 9:49am
306 Views
Post# 35730066

Credit where it is due

Credit where it is dueShareholder frustration is as old  as the hills, the winners laugh and the losers cry.

I am a shareholder here too and been aware of the ROF since the early 2000's. 

I think Frank Smeenk has been working to get several disparate groups to work together and  the opposite is true of Fancamp. They are a blockade to KWG, IMO. The  Koper deal is pretty onerous for KWG,  eventhough it appears FNC is on its side by fronting cash. Also, fancamp's reaction to the Magpie agreement shows its true colors.

The heat should be on FNC management and board  to get out of town and give Frank room to do his dance so we can then have a real party, based on real intentions. 

Just a reminder, the FNC AGM is overdue and no sign of it.  


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