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Bullboard - Stock Discussion Forum KWG Resources Inc C.CACR

Alternate Symbol(s):  C.CACR.A | KWGBF

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 > Question
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Post by Dragon23 on Apr 26, 2023 11:19am

Question

I believe Wyloo has something like 110 million shares.....that we know of.....is that enough to push for an appointee to the BOD? I realize they got the shares via the Noront takeover,  .....but imagine a Wyloo peep on the board......goodbye lethargy, and the apathetic approach of the current BOD.
Comment by ETalien on Apr 26, 2023 11:43am
They would never get voted in!
Comment by ETalien on Apr 26, 2023 11:49am
Not sure how old this is...   Top Shareholders Top 10 shareholders own 24.29% of the company Ownership Name Shares Current Value Change % 14.39% Frank Smeenk 532,809,746 CA$18.6m 33.87% 3.02% Noront Resources Ltd. 111,733,215 CA$3.9m 0% 1.77% Thomas Masters 65,671,871 CA$2.3m 66.08% 1.57% Maurice Lavigne 58,195,746 CA$2.0m 0% 1.46% Bruce Hodgman 54,087,300 CA$1.9m ...more  
Comment by ClayTaurus on Apr 26, 2023 12:08pm
ET - Other than Noront and Fancamp, it's all management/directpors.   Can't say they don't have a stake in making it work.
Comment by ETalien on Apr 26, 2023 12:41pm
Absolutely! They are all still at it and I'm still in!
Comment by doggy123 on Apr 26, 2023 12:49pm
We all know a buyout is going to happen but the question is when.............worth holding for a 25 plus  baggers
Comment by doggy123 on Apr 26, 2023 12:54pm
Little over 10 million shares for sale level 2 out of 1.7 billion.....man this thing could fly with some little buying
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