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Bullboard - Stock Discussion Forum 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... see more

CSE:CACR - Post Discussion

KWG Resources Inc > KWG.A shares compared to KWG sub shares
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Post by greasemonkies on Aug 26, 2021 11:57am

KWG.A shares compared to KWG sub shares

Curious what the opinions are on these shares, and if/when KWG.A shares are converted from 300 sub shares to 100 sub shares.
 I ask because of the lack of enthusiasm for KWG.A, most times these shares are at a reduced price (I know that there is few of those share) making quantity trading small.
 I have acquired KWG.A and contemplating purchasing more.
 Any thoughts?
Comment by Pear3 on Aug 26, 2021 7:35pm
Hey Greasemonkies I am considering buying KWG.A also, given that there is approx. 1.2 cents of arbitration space between the two.... if buy the 300 multi at $7.00 (average cost per share of 2.3cents)... and when the 300 multi is split into 3 X 100, the question will be: will the sub share go down to 2,3 or will the 100 multi go up to 3.50 or more whichever is the 100 multiple of the sub voting ...more  
Comment by greasemonkies on Aug 26, 2021 10:04pm
Thanks for the reply Pear3 and pretty much how I was approaching this, with KWG.A shares splitting into 100 this will allow many other traders feel more comfortable purchasing and trading. I have been accumulating a small amount every month or so, was fortunate to grab some at around $4.00, I've been setting these aside into my TFSA account as my belief is KWG value in the next year will ...more  
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