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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. It is focused on acquisition of interests in, and the exploration, evaluation and development of deposits of minerals including chromite, base metals and strategic minerals. It is the owner of 100% of the Black Horse chromite project. It also holds other area interests, including a 100% interest in the Hornby claims, a 15% vested interest in the McFaulds copper/zinc project and a vested 30% interest in the Big Daddy chromite project. It has also acquired intellectual property interests, including a method for the direct reduction of chromite to metalized iron and chrome using natural gas. It also owns 100% of Canada Chrome Corporation, a business of KWG Resources Inc., (the Subsidiary), which staked mining claims between Aroland, Ontario (near Nakina) and the Ring of Fire. The Subsidiary has identified deposits of aggregate along the route and made an application for approximately 32 aggregate extraction permits.


CSE:CACR - Post by User

Bullboard Posts
Post by shambanoon May 08, 2007 4:16pm
183 Views
Post# 12746455

late day buyers hmmmmmm?

late day buyers hmmmmmm?Late day activity is a very good indicator for this stock. It implies to me that buyers want in and they are finally giving up trying to squeeze the share price lower at 0.045. Good report by Will P. today on stockwatch and with a few bigger clear diamonds in the mix this could quite easily become a huge success in northern Ontario for KWG. They were very successful in completing their exploration program and using new technology to reduce costs also helps, so these guys know what they are doing. If it took DeBeers 10 years b4 they completed a bulk program at Victor, well then KWG could also make the decision to bulk sample Macfayden in 2007, wow what would that do to the share price. Buy and hold is my recommendation to myself. Cheers and GLA and hold tight, the pros want your shares, IMHO
Bullboard Posts