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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Crux of the matter

KWG Resources Inc.

about 8 years ago

Here is the crux of the matter. With all the announcements on the horizon it is quite possible that the one share could hit 50 cents within a year. If the super share starts at $9 dollars, it after a 300 to 1 would have to get to about $153.00 dollars a share for you to see the same profit. NOT LIKELY that it would go up. As the board sells more and more of them the price is likely to go down and you after the 300 to 1 will be in a lose position. Simple math if we allow the super share. All the money from the boards super share sales goes to the board, not you and it does create dilution. There is other ways to fund kwg that I believe is less dilutive to the small investors.

Oh and by the way any body that wanted to sit on the sidelines and not vote, well your shares were commandeered by the board according to the proxy and voted as a yes vote even if you did not want to vote at all. The only way to actually not have your votes comandeered one way or the other would be to call and vote half your shares as a no vote thus cancelling out the commandeered yes vote of the other half.