KWG Resources Inc C.CACR

Expectations??

[cashin17]

While we wait for the possible Doug Ford announcement on road. Thought it would be fun for some spitballing on share price increase/ decrease after announcement and how you would justify.

[miner540]

I went on the record about 3 weeks back with a $0.04 share price estimate after the Ford announcement.  Reason being that the Ontario Government support of the road is only the first step.  To follow:  FN support, Federal Government support, takeover of KWG, US Government commitment for criticial minerals, support from US Steel Company, financing of $2B for mine development, and

[cashin17]

Thanks, but do you not think that FN'S support would be a done deal before Ford splashes big bucks towards road? the other pieces you mentioned I personally believe are in play behind the scenes 

[miner540]

I agree Cashin17.   Believe you are correct that there are many discussions taking place behind closed doors. What is your spitball thought on the share price move after the Ford Road announcement?

[cashin17]

Varies, if all the I's are dotted and the T's crossed I would expect much more than .04 if Fed', Prov. , and FN's are all on the same page and the previously announced amounts by both are put into action I would expect way more. If there is additional outside investment well that may trigger the big boys to swoop in and try and take us out, similar to the old Freewest and Spider