KWG Resources Inc C.CACR

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

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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Post by BCleoon Jun 29, 2010 2:24pm

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Post# 17231504

Offer integrity

Had a long telcon with Chris Meraw of KWG this AM. He believes KWG's Special Committee has hard numbers to come out with such a definitive statement (that CLF's offer is not superior to KWG's) and that they will make this info public at some point.
He also said Joe Dwek's commitment to CLF is "soft" and that he may change his mind on CLF's offer.

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How a junior advances one of the largest undeveloped diamond projects