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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 > Laws must be changed for foreign Mining investors in Canada!
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Post by ETalien on Feb 20, 2023 11:27am

Laws must be changed for foreign Mining investors in Canada!

Suggestion, If a foriegn Mining investor buys a particular resource company in Canada, the buyer must ensure that it's aquistion does not sit idle without any work being done for a determined length of time and if no work is being done to the property in terms of drilling or mining after a determined set length of time they would have to either forfiet the land to FN or sell the property!
Comment by ETalien on Feb 20, 2023 11:44am
AMENDED Laws must be changed for foreign Mining investors in Canada! Suggestion, If a foriegn Mining investor buys a particular resource company in Canada, the buyer must ensure that it's aquistion does not sit idle without any work being done for a determined length of time and if no work is being done to the property in terms of drilling or mining after a determined set length of time ...more  
Comment by startenout on Feb 20, 2023 12:53pm
ET, dont get me wrong here, I realize where you are coming from... BUT... If you are refering to Ring of Fire Metals, they have been doing prospect work on their property they got from Noront, and I also believe, if they got the go ahead to put shovels in the ground tomorrow,  they would do everything in their power to do so.     How would they get the ore out that they mined ...more  
Comment by ETalien on Feb 20, 2023 1:22pm
Yes, mostly referring to foreign companies in general that may be buying property in Canada holding it without any type of work for years. I am not sure if this is what is happening in the resource industry but at least CANADA would be protected. It's a start, my suggesting can be Amending to no end by scholars and law makers, etc.  
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