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.

over 9 years ago

in response to AGORACOM's message

This news is actually no news for me. I think that ROF touched the bottom right now. Worse than situation right now could not be. I think that without any negative news in next few months KWG could stabilise at lower prices, let say 2-2,5 Cents and hopefully something positive will happen that will catapulte this junior to much higher prices. As we all know ROF needs some Big Major to come in. CLF is broken so it must be some other company, hopefully Thyssenkrupp or Glencore or something similar. If that happens politicans will start to dance round table. KWG hopefully will be leader with that new company in ROF. That is reality and there is time until October thiy year for that to happen. Chromium IP news could also happen and hopefully that could also make stronger KWG but let's find that Big Company and start to do some job!

GLTA