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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 > IMO, the reason for a hold at 5 cents!
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Post by ETalien on Sep 15, 2021 10:27am

IMO, the reason for a hold at 5 cents!

They may want to do a split at 5 cents to bring it to 5 dollars. Perhaps this is the reason, institutions can buy into this at that price. Since the ROF is going to be here for a very long time, it may very well be part of a bigger picture in the world finance here in Canada? I know it's sounding like rubber man scenario, a bit of a stretch. One never knows what goes on in the board rooms of high finance!
Comment by fordtrucks on Sep 15, 2021 10:35am
dont even go there ET lol the multiple shares will do that that is what they were designed for glta a reveres split has never been in their talks an offer at 50 cents or a buck at our current single share prise is where we want to be 
Comment by ETalien on Sep 15, 2021 11:02am
Yes Ford, I do know that... it's just a bit odd that whoever the entity is, on why they are holding this back. I guess we will have to wait till Frank informs us all in a NR! Looking forward to our new outlook!
Comment by fordtrucks on Sep 15, 2021 11:12am
it could be someone trying to hold it back for personal like buying more cheaper manipulation it is a big part of this trading platform we need news about anything will do even the cows are falling from the sky would be something different lol
Comment by ETalien on Sep 15, 2021 11:46am
Lol... 
Comment by Mistyblue on Sep 15, 2021 11:15am
Just got proxy vote info in mail sched D indicates that multiple Vg Sh can be changed back and forth from sub Vtg Sh.  Am l rading this correctly or once the 100 for one swap is actioned you are stuck there??  Thnx in advance..
Comment by fordtrucks on Sep 15, 2021 11:17am
it will be exactly the same wording only different numbers 
Comment by ClayTaurus on Sep 15, 2021 12:20pm
Two-way interchangeable at shareholders option 
Comment by Mistyblue on Sep 16, 2021 6:30am
TY Clay much appreciated...
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