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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 elk121on Feb 13, 2012 9:11pm
297 Views
Post# 19528823

RE: RE: To elk

RE: RE: To elk

Thanks Park. I also remember back in 2000 when KWG/SPQ were looking for diamonds in the JBL and stumbled on to a large copper  hole instead of diamonds. Others then started staking the area including Noront since most of these penny stock companies had Directors on many related companies.

Richard Nemis has been declared an icon for Not's find but Neil Novak was the geologist behind all this. The others were all followers.

The area will be a mining area in the future but I suspect the best return for KWG holders will be DDI since they hold many good(hopefully) diamond properties near the DeBeers diamond mine that will need new sites over the next few years.

The sad part of all this is that many on this penny stock Board are penny flippers and day traders and some are just unethical and that includes some well-connected to the companies involved and maybe some company officials as well.

 

Bullboard Posts