KWG Resources Inc C.CACR

New Press Release - KWG Resources Inc.: Exploration Permit Issued for More Drilling at Black Horse Project

Toronto, Ontario--(Newsfile Corp. - September 22, 2023) - KWG Resources Inc. (CSE: CACR) (CSE: CACR.A), which carries on business as The Canadian Chrome Company ("CCC", "KWG" or the "Company") (The Canadian Chrome Company is a registered business style of KWG Resources Inc.) is pleased to...read article.

[doggy123]

Ya drilling with no moneyt ....more dilution is coming i guess 

[startenout]

Doggy, can you really get any more diluted than what we already are?? Whats a few more shares? Maybe they need a certain amount of chromite to get whatever it is they are doing done. 

[startenout]

And besides, look what it did to the stockprice, it just rocketed up to .025, just think where the stock price is going to go when they mention they are buying out Wyloo and the Eagles Nest. Lol

[ClayTaurus]

Based on how the previous drill holes lined up with the MT Survey of Black Horse, it looks like the drilling planned could upgrade the resource estimate from 89mmTonnes Inferred to having some as Measured/Indicated, expand the total Black Horse resources to more than double its present tonnage, or, some combination of the two. Should be good for a significant upside re-rate as things unfold here,

[cashin17]

Thanks Clay, however all this news was is that they now have a permit to drill sometime in the next 3 years, Really management is this all you have ? Maybe and just maybe, as some have said their may be a big backer or someone waiting for off take agreement for X number of tons per annum. But to come out with this shows the incompetence of this team. Come out with some actual news! News that we

[ClayTaurus]

C17 - https://ero.ontario.ca/notice/019-7427 Look at how fast the permit was approved... never seen that before! WOW!

[cashin17]

Clay, what do you sumise from this. Do you know / suspect something about to happen. Or just more wishful thinking for all of us?