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.

Frank's latest video is all about a $10 share price being Marginable. As I mentioned previously, unless you are an expert, and I am not, avoid this route. Gettng a call from your Broker telling you that you have to sell immediately or they will sell it for you to cover the Margin if and when the stock takes a dip, is a fast way to lose possibly a good part of your original investment. As well, how will this benefit the Compay if I Margin the stock and buy more on the open market? I think Goodheart's post should be studied very carefully and if his interpetation is correct, this could just be the avenue used for more dilution of a 1 billion share company. As the old TV Sgt used to say on a well known police drama when addressing the on shift police officers heading out for their shift, "be carefull out there" rj

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rj
City
saint john
Rank
President
Activity Points
5249
Rating
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Date Joined
10/08/2007
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KWG Resources Inc.
Symbol
KWG
Exchange
CSE
Shares
1,140,494,718 FD, Aug 20/16
Industry
Metals & Minerals
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