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KWG Resources Inc C.CACR

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

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.


CSE:CACR - Post by User

Bullboard Posts
Comment by mapmakeron Feb 05, 2011 12:27am
309 Views
Post# 18080175

RE: RE: RE: CLF is not stupid nor dumb, but rather

RE: RE: RE: CLF is not stupid nor dumb, but ratherWell i know that Lac des iles mine near Armstrong, uses trucks to move its concentrate to southern ontario for futher processing. Or they did 20 years ago, not sure if they still do.
But that is PGM concentrate so im sure that has 10X the value of chromite concentrate.

I cant believe the road idea as well, but i think it is political posturing. The native communities are probably jumping for joy to get an all season road nearby so they can jump in there trucks and head to Geraldton for a hootenany.
I think the road will be built because:
1. quick and easy to build
2. more access to the ROF area for more drilling and plant placement
3. circumvent the RR corridor
4. Alot easier for the government to approve a road over a railway in sensitive land, but after you put a road in, a RR would be easier
4. native band will push the government like crazy to get the roads in for their benefit

After they get the road in, then CLF can build a RR right beside the existing road which will speed up the process of the RR building.

I look forward to CLF building a road, because all KWG is right now is a great deposit in an inaccessable swamp. When the road goes in, It will be an even greater deposit that is accessible.
I am betting the stock will quadruple when the road get in.




Bullboard Posts