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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.


CSE:CACR - Post by User

KWG Resources Inc
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Comment by mapmakeron Mar 18, 2011 3:40pm
508 Views
Post# 18307527

RE: RE: RE: RE: RE: By 2015

RE: RE: RE: RE: RE: By 2015Johnale wrote:
2) KWG doesnt get bought out....
Kwg transforms into a producer


KWG becomes a producer of Chromite from Ring of Fire?
I dont understand that statement... KWG would build the railway and design the mine and bring in all equipment to get the ore to market?
And they will do all that with I.O.U.'s?
Wouldnt KWG have to pay CLF 66% of any profits to CLF that came out of the Big Daddy?CLF would love that if it was anyway possible.

KWG is a junior explorer and when a junior explorer get a find, they sell out to a big company to furthur more exploration. CLF's came a knockin' but KWG shut the door. KWG and NOT thought they were bigger than they are.
Now they are finding out how to play the big game.

I sold a good chunk of both my holdings in NOT and KWG, because i think its going to be a long wait before those stocks doubles.And im not buying back in till the red tape clears and dozers are pushing the road/RR.
I could be wrong but thats where i am right now.





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