KWG Resources Inc C.CACR

Ontario's growth demands BIG infrastructure investments.

[AWK2021]

Ontario Chamber on X: "Ontario's growth demands BIG infrastructure investments. Meaningful partnerships with Indigenous Nations are necessary for the long-term success of these projects. @BullTabatha, Niilo Edwards, Penny Favel, Andre Leite, & @claudessanti, will discuss best practices at #OES2023. https://t.co/6Wr0rndQ45" / X

 

https://twitter.com/OntarioCofC/status/1716461246243824086

[Peace4All]

Imagine if Indigenous Nations decide they want an equity share in KWG using federal money.  Will that have the potential to create a bubble in our stock price?  It would seem rather strange to have taxpayer money going into mining stocks - the country as a whole would be subsidizing the transfer of mineral wealth.  Perhaps that is sound policy, perhaps it is not.  Consider if

[miner540]

My understanding was that the KWG vision was always a 50/50 partnership with the FN.  The 50% owned by the FN was always a buy-in.  This program may help.

[startenout]

right from KWG's website: RING OF FIRE DEVELOPMENT: FIRST NATIONS AS EQUAL PARTNERS, NATURAL GAS CHROMIUM REDUCTION, RAIL AND SMALL FOOTPRINT MINE TREATY RIGHTS: INFORMED CONSENT & SHARING THE FUTURE   In April of 2013, phase II of the Mining Act Modernization (MAM) of Bill 173, introduced a new regulatory system affecting plans and permits for early stage mineral exploration

[protectives]

It's important to note that chromite is a mineral used in various industrial applications, including the production of stainless steel. These projects appear to be focused on the exploration and potential extraction of chromite resources in the region. geometry dash meltdown