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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 > OK, So What Does It Mean For Us?
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Post by Peace4All on Sep 01, 2022 5:52pm

OK, So What Does It Mean For Us?

Now that Fancamp and KWG Resources Announce Closing of the Sale of Fancamp's Interests what does the board think this does for us, as shareholders?  

I assume there is still going to be no action on our KWG until the environmental assessment is completed and it favours the project.

Anyone have any idea on what the government timelines might be to get this project off the ground?
Comment by remedy on Sep 01, 2022 7:57pm
I think we get a partner and start drilling?? May have been in the procress. We need some follow up news on what is next. R
Comment by startenout on Sep 02, 2022 9:24am
Think we need a clarification from KWG of what " advancement and development of mining claims " means. This quote is from the original Fancamp/KWG news release dated July 21st.a one-time payment by Fancamp to KWG of C$1,500,000 (the “Fancamp Closing Payment”), the proceeds of which will be used by KWG for the advancement and development of the Mining Claims and for other general working ...more  
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