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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 > A$$ in a Sling.....Coutts vs Smenck
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Post by Dragon2024 on Sep 25, 2024 9:09pm

A$$ in a Sling.....Coutts vs Smenck

Been a while fellow ROFer's......Ya know ...anyone that's been here since '07 or so would know that.....Coutts really got us NOTSTERS in a very bad place with debt....however he also managed to salvage the day....at least for those who averaged down with the $1.10 buyout. This, despite all the haters and naysayers, and the odd character who told the peons to sell and walk away at 0.31......lord have mercy.

Here we are with KWG in a far worse debt position than NORONT ever was......can Frank do what Alan accomplished and give us a payday? My opinion for what it's worth? Frank has zero control over the outcome here. Rajesh/FNC are the ones doing whatever negotiating may be happening. 

A few nights ago I had a vivid dream that we were offered 0.20........I hope it's true

Good luck to everyone......but keep it real....
Comment by Patentpending1 on Sep 26, 2024 5:25pm
Hey Drag on. Now it seems your telling us peons to sell at 20 cents LOL You know that nickel mine would have basically broke even at best. ie no money in it.. It't the chromium they want. There is plenty of Nickel elsewhere and again No need for concentrates. Have a good day!
Comment by startenout on Sep 26, 2024 7:19pm
The one bad thing about the nickel in the Eagles Nest deposit is that the nickel comes out opf the ground as a nickel sulphide, which means it must be smelted first before you can make any kind of nickel product out of it. Even though Wyloo claims it will be a "CLEAN" nickel  mining operation, how clean is it in the new green scheme of things? and will that cause Wyloo any pain in ...more  
Comment by wheelsonthebuss on Sep 27, 2024 9:15am
Along with Patent and the rest of the KWG shareholders - have been in a sling for 20 years now .  Give us a Buyout or Takeover already - YAYA !
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