KWG Resources Inc C.CACR

Why

[doggy123]

Why is KWG not telling KWG shareholders who is that Anonymous.........this guy sold at least 50 million shares and KWG know who he is because of the big amount.........

[startenout]

Clay, Doggy, lets just hope it has nothing to do with this. https://kwgresources.com/rail-veyor-and-cormorant-exercise-exchange-privilege/ i remember being slapped pretty hard for even mentioning this a few months back. Note the hold period. I am not saying itis this but somebody is selling, i am just curious as to whom, and why? Aren't you? 

[startenout]

Maybe its just Wyloo selling their " Cliffs/ Noront" shares for office supplies, who knows? 

[startenout]

Maybe its an estate selling beneficery shares, seems logical, as most of us have been shareholders from the era where you had to pour the colour into the back of your tv set, the rainbow was black and white, and yes,  the rotary disl phone was not an illusion. 

[ClayTaurus]

While both are decent sized shareholders now by virtue of completing work for KWG, they have far more to gain from executing on the plans that they helped create, which would make it counter-productive to be a seller at this point.

[startenout]

Agreed, and individually, they do not make the reporting threshhold of 10% . But they did get their shares at a 2.6 cent price per share. Just wondering whom and why? RAIL-VEYOR AND CORMORANT EXERCISE EXCHANGE PRIVILEGE 31 Dec 2021 Toronto, Canada, December 31, 2021 – KWG Resources Inc. (“KWG” or the “Company”) (CSE: KWG; KWG.A) (FRANKFURT: KW6) and its

[ClayTaurus]

There's a reference to a NR dated July 27,2021, so I'd guess CCC stock they took was convertible into KWG stock on similar terms to the PP of Debs at that time. "...The Cormorant Utilities proposal will cost CA$2.4 million and the Rail-Veyor proposal US$1.2 million and will be paid for with treasury shares of Canada Chrome Corporation which may be tendered in payment for options to

[startenout]

If you read the news in my last post, dated Jan 31st 2021, they got their shares for 2.65 cents per share. Unless i am miss reading it. In other words, if they sold half their shares at this price , they break even, and any overhead is gone. 

[grim86]

well that in itself is pretty promising

[doggy123]

Little correction here around 25 plus million shares make more sense.........