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KWG Resources Inc C.CACR

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

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 Pear3on Jan 19, 2016 11:16pm
137 Views
Post# 24475126

RE:RE:RE:Want a chuckle ?

RE:RE:RE:Want a chuckle ?Hey MDog You finished your post with:" if the Feasibility Study proves to be positive." It seems to me that SINCE they (FSDI and KWG) "have signed a Memorandum of Understanding today setting out the terms for mutually proceeding with a feasibility study for the design and financing of a railroad" they have agreed on the "compensation" (off-takes) for FSDI and if so, then FSDI probably has seen enough evidence to judge, preliminarily of course, that this is definitely a FEASIBLE project. There has already been some great due diligence done and the number crunching just needs to be updated. In their visit to Canada, I think they want to be respectful of the FNs whom will be partners every step of the way. This respect will be reciprocated in a constructive, productive and profitable enterprise for years, probably decades to come. Best of luck to all, Pear3
Bullboard Posts