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KWG Resources Inc KWGBF


Primary Symbol: C.CACR Alternate Symbol(s):  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 lou64on Jul 18, 2024 7:40am
116 Views
Post# 36137932

RE:RE:Poilievre gets it right

RE:RE:Poilievre gets it right

Like I said in my previous posts about Forrest Gump and his lines of BS ?

Was spot on again about his business and why his top people bailed .. that the only thing he can control is the game he plays with a Junior being domanate because his future big score in hydrogen just played its hand with a major blow of 700 employees getting their pink card !

The dude isn't nor will be the big ROF dog that he thinks he is and will the Natives see his history of depression of Aboriginal rights within his mining endeavour ... 

The dude goals are becoming apparent with layoffs that his business is like the cart before the horse approach without providing the currency to FUND the consent BS dribble that consently comes from this BLOW FISH a lips ... If he does not get his MAJOR HAND OUT by Government then DO NOT expect Forrest Gump to provide the needed cash to fund any project he touches !!!
 

‘Twiggy is not walking back from hydrogen’: Forrest

Mining magnate Andrew Forrest is standing by his green hydrogen plan after a decision to axe hundreds of jobs cast doubt on the Fortescue Group’s direction, AAP reports.

The iron ore miner turned energy company slashed 700 jobs in a restructure on Wednesday, saying it would ensure the company remained “lean, impactful and agile”.

Andrew Forrest says ‘the world has to have’ hydrogen. Photograph: Ben Makori/Reuters

Forrest, nicknamed “Twiggy”, took to the airwaves on Thursday to explain the move and reassure investors he remained committed to a green energy future.

We’re not pulling back, this is something which I really genuinely believe in, I’m a hardcore bloke from the bush, I’m a miner, I’m a practical person, I’ve also had the good fortune to have an education in Australia, so I’ve really looked hard at the science,” he told Perth radio station 6PR.

I just know that going the way we’re going with fossil fuels isn’t an option, the climate is changing dramatically around us.

It’s been taken as ‘Twiggy is walking back from hydrogen’.

Twiggy is not walking back from hydrogen. The world has to have it. We just have to work out how to produce it cheaply enough.

The billionaire philanthropist said the uncertainty created by the wars in Ukraine and Gaza and high costs had made the operating environment tough.

We need lower power prices, hydrogen is directly a function of the electricity cost – if the electricity cost is high, then we can’t make hydrogen cheaply enough to compete with fossil fuels,” he said

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