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.
in response to cashin17's message

Noront said at the meeting that they would support a 3-to-1 reverse split, but not the supershare proposal.

A 3-to-1 reverse would not create a marginable stock, although it would certainly bring the number of shares outstanding down to a slightly more reasonable number. Somewhat close to the number that Noront has outstanding.

I'm not suggesting that Frank is about to try for a reverse split next.

Please login to post a reply
MarlboroDog
City
Rank
President
Activity Points
7368
Rating
Your Rating
Date Joined
12/13/2007
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