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. 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.

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KWG Resources Inc

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Comment by shambanoon Jul 04, 2007 8:09pm

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Post# 13037775

RE: HUGE BID, HUGE BIG, HUGE BID

I don't think they were playing around, I think they were trying to judge how many sell orders the 800 K bid would generate. Pros know exactly what they are doing? Hang on to this one is my recommendation to myself and not to sell too early if at all until they complete pre-feasibility on this property. Like I said if the results warrant a big bulk, DeBeers won't be too far behind. Cheers and GLA

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