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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 > TVO Interview and Dragon23
View:
Post by wheelsontherail on Apr 10, 2023 11:22am

TVO Interview and Dragon23

Publicly traded junior resource companies are very restricted in what they are allowed to say, on pain of severe penalties.  Wyloo and the arrogantly named Ring of Fire Metals, as private companies, can say anything they want, as can the Premier. I think that the numbers they are throwing around are, if anything, conservative, but if KWG were to even whisper such a thing the consequences would be dire! 

 

The OSC cares much more that it not be embarrassed, la Bre-X, than that small shareholders are informed about the plans, strategies and efforts of companies like KWG. Wealth creation is a benefit they are prepared to sacrifice in the name of investor 'protection'. 

 

The irony is that if KWG is in discussions with any of the BIG players in mining or finance, as part of their due diligence they would be made fully aware of information  that KWG is not allowed to tell you or the rest of their 4,500+ shareholders.

 

If you want to find out what’s going on get together with your fellow shareholders and tell the regulators to lighten up. In their efforts to make sure that misleading, erroneous or fraudulent information is not disseminated, they have pretty much destroyed the retail market for junior companies.  

 

Maybe KWG should offer its shares under the auspices of the Ontario Lottery Corporation.  They can make any claims they want:  Imagine the Dream!  Why does ‘Know your limit, play within it’ apply to lottery tickets but not retail investors? 

 

Good job Dragon23 in calling out TVO on the inadequacy of their interview! Maybe Frank Smeenk will get another chance to showcase his knowledge and explain the enormous  value that exists in the Ring of Fire, to the benefit of all Canadians including and especially the First Nations!

Comment by ETalien on Apr 10, 2023 11:33am
Thank you wheelsontherails, excellent info! 
Comment by wheelsonthebuss on Apr 10, 2023 11:55am
Nice nickname - WHEELS - O YAYA - now tell us something we don't know. Like SHOW ME THE MONEY OFFER - O YAYA !!   
Comment by Dragon23 on Apr 10, 2023 12:01pm
Thank for that Wheelsontherail! Not a Retail world for sure. So we need to be invited to the dance, and hope that our partner leads in a nice way. Good hint for TVO if they invite us back. BTW, I also sent a letter to our national newspaper, (G & M) with a similar theme. Hopefully the wheels are turning somewhere to make us a few dineros
Comment by Patentpending1 on Apr 10, 2023 12:32pm
The TVO guy did say maybe get back in a couple years. He didn't say 50.
Comment by Dragon23 on Apr 10, 2023 1:17pm
Curious Wheelsontherail....is that 4500 number fairly accurate?
Comment by ClayTaurus on Apr 10, 2023 5:18pm
Thinking of the lottery angle... what if the shareholder's rights plan was constructed to award half the dilutive shares to a small number of shareholders as part of a take-over bid lottery?   Then "Imagine the Dream" could be operative.
Comment by Patentpending1 on Apr 10, 2023 9:58pm
Wow. I basically caught the "what if " in my opinion but I do understand when the country that has been assigned to preform a certain task at a certain time must/should produce the end result like it was planned many years ago. Can Canada rise to provide the changes necesarry to supply the minerals neccesarry. No, But you guessed it. Yes when it comes to  the Ring Of Fire. I think ...more  
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