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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 miner540on Aug 15, 2024 9:36am
98 Views
Post# 36180283

RE:STOCK WALL - KWG

RE:STOCK WALL - KWGAgree the wall of 4.2M shares at $0.015 seems hard to break.  It looks to represent about 40 retail sell orders and would only take $64K to clear.  But, there is no current interest.  Not even Doug Ford leaking a potential September annoucement about a road moved the stock.  Insiders continue to buy under the private placements getting equity kickers which results in cheap shares.  Continue to wait for the next corporate update.
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