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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 > Either a win, or it isn't
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Post by Seewhathappens on Sep 03, 2021 12:39pm

Either a win, or it isn't

this is either going to be a win or this is not going to be.. For people that don't understand the 300:1 need to go over the pamphlet or to do some proper information reasearch. The 300 to one split can only last at the price is sitting at the $10.. on kwg sharea. Well if this thing's Worth $0.10 are 300 to 1 split would be 30 bucks.. Which would in turn force the share count to 100:1 to make their $10 evaluation.. And from my understanding it's just taking kwg shares and Lessing their share proxy vote power that they hold.. And from my understanding if you're holding kwg and not sub .. you would actually be losing Maybe I'm just reading things wrong . But this seems to be more around kwg, than kwg.sub It was ( 300:1) sub for kwg real .. now they wanna make that (100:1)
Comment by startenout on Sep 03, 2021 1:08pm
I think you are reading too much into this. They are dividing the 300kwg.a share 1/3 to make the math easier.  Just imagine for a minute if the had made the 300:1kwg.a share ( which they could have) 357:1 originally; try doing the math on that one!! The 300:1 share holds 300 votes, the (new) 100:1 share will hold 100 votes, and the original 1 share will hold 1 vote.  if you really ...more  
Comment by remedy on Sep 03, 2021 1:24pm
And more affordable to average investors., is why Apple and most do it, more own their stock more  brand name reconition.For us, think they want to get kwg.a tradeable in some volume for the next positive announcement. So do it now, make them afordable and "BAM"  [ lol ], release a killer anouncement.  Fingers crossed, counting on Tony to get some seriuos traction forward. ...more  
Comment by wheelsonthebuss on Sep 03, 2021 1:42pm
no MM's will touch a 4 penny share ..... thats why the 300 to 1 - to make it look pretty and over a buck ... then they may play .... but will most likely short the sheeeeet out of it and then accumuate .... just a thought Hummmmmm !!!!!!!!!!
Comment by greasemonkies on Sep 03, 2021 3:57pm
I have had my 3M stocks do this multiple times (not that KWG is in their league) but it's to increase amount of investors, worked out well for me regarding 3M
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