KWG Resources Inc C.CACR

Alternate Symbol(s): C.CACR.A | KWGBF

Metals & Mining Industrial Metals & Minerals

KWG Resources Inc. is a Canada-based exploration stage company. The Company is engaged in the discovery, delineation, and development of chromite deposits in the James Bay Lowlands of Northern Ontario. It is focused on two projects, which include Black Horse Project and Big Daddy Project. The Company’s Black Horse Project is located approximately 280 kilometers north of Nakina, Ontario, which contains the Black Horse chromite deposit, including over 1,024 hectares covered by four unpatented mining claims. The Big Daddy Project is located approximately 280 kilometers north of Nakina, Ontario, which contains the Big Daddy chromite deposit, including over 1,241 hectares covered by seven unpatented mining claims. The Company also owns a 30% interest in certain mining property claims contiguous to McFauld’s Lake in Ontario. Its subsidiaries include Canada Chrome Corporation, SMD Mining Corporation, Canada Chrome Mining Corporation, and Muketi Metallurgical General Partner Inc.

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KWG Resources Inc

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Comment by gbengaon Jun 21, 2010 3:02pm

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Post# 17207808

RE: RE: RE: kwg now has until the 24th Thurs.

Put simply, it means KWG has until 24th to submit a superior offer, just like a wife would give the husband ultimatum to clean up his acts by June 24th. If not, SPQ will wait until June 28 before accepting the Clifs offer (this is like letting the husband hang around for a few days to pack his things etc. but if, and if just in case he changes, the marriage may be saved).

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Advancing an underexplored area of the Yukon with the same geology as B.C’.s Golden Triangle