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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 Sep 12, 2024 1:26pm
114 Views
Post# 36220682

RE:Ford and road to ring

RE:Ford and road to ringWe have waited a long time, so I am okay with later September or early October.  Ford does reference an agreement with FN and the importance of exporting critical minerals to the US.

Interesting that Ford is the only one who seems to be hinting at this annoucement.  Also curious that trading volume continues to be almost zero most days.  If a deal is done, I would have expected to see an uptick in volume and share price.  If Ford is talking then others must know.  Would a road annoucement not double share price to $0.04 and create a speculative move?

Originally the discussion was $1B from the Province and $1B from the feds.  Has this changed?
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