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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
Post by jamesbayon Feb 14, 2016 9:03am
212 Views
Post# 24557201

Another Ontario green energy blow-up

Another Ontario green energy blow-upDebris from the exploding Ontario Liberal green energy rocket continues to land on the hapless citizens of the province. Gas plant scandals, soaring power rates, declining electricity output, massive subsidies to money-losing wind and solar, non-stop bafflegab from government ministers: when will it stop? Not now, and maybe never.

Details of the latest meteorite-sized chunk of the Dalton McGuinty/Kathleen Wynne green power blow-up are on display at the blog of energy consultant Tom Adams, who formerly served on the Ontario Independent Electricity Market Operator board of directors and the Ontario Centre for Excellence for Energy board of management

Adams picks up a story that made brief headlines in late 2012 when Windstream Energy, a U.S. company, filed a NAFTA complaint claiming $475 million in damages. The company says it had a contract with the government-controlled Ontario Power Authority at 19 cents a kilowatt/hour to build an offshore wind farm near Wolf Island in Lake Ontario near Kingston.

AP Photo/Matt YoungAn Environmental Review Tribunal in Ontario ruled that it had no conclusive proof that turbines pose a health hazard to those living near them.

While the action looked to some like another eye-glazing NAFTA trade dispute, details reported by Adams today point to another explosive series of revelations on the inner workings of the Ontario Liberal government, as it attempted to make sense of its incoherent plan to make Ontario the greenest energy market in North America.

https://news.nationalpost.com/full-comment/terence-corcoran-another-ontario-green-energy-blow-up


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