KWG Resources Inc.

Exploration stage company that is participating in the discovery, delineation and development of chromite deposits in the James Bay Lowlands of Northern Ontario. These deposits are globally significant source of chromite which may be refined into ferrochrome, a principal ingredient in the manufacture of stainless steel.

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Share Buy Back

KWG Resources Inc.

about 13 years ago

Just a thought.

I know cash is king, but what if they used $10M of the $18M raised to buy back 100M or so shares?

If they need to raise more funds, they can do it at higher prices as one would believe that a share buy back would raise the value of the stock.

Regardless, I truly believe that this stock will soon take off.

Too hot!