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.

Somehow, this trade (for~$1k) managed to get in at the close, bringing the SP from $0.060 to $0.055. The trade before that was ~0.5M shares at $0.060/s.

The daily chart shows that most trades (~96% of the total volume of 4.7M shares) were at 0.06 to a max of 0.065. Only 4% of the total volume was @ $0.055/s, with the last trade of 20,000 share at the close as mentioned above.

Somebody was trying to bring the share down to match the PP price. Speculation anyone?

goldhunter

Please login to post a reply
goldhunter11
City
Rank
President
Activity Points
11760
Rating
Your Rating
Date Joined
12/22/2010
Social Links
Private Message
KWG Resources Inc.
Symbol
KWG
Exchange
CSE
Shares
1,140,494,718 FD, Aug 20/16
Industry
Metals & Minerals
Create a Post