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 Aug 08, 2007 4:28pm

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Post# 13217550

RE: Frank will be called tomorrow.

Yah for sure investors already know the results and are dumping their shares to the bid, I guess this must mean it's time to bale? Oh well what's a lonely retail investor to do? And don't forget this stock is directly linked with US subprime crash and this will put more pressure on KWG. And don't forget in a crashing us economy no one wants diamonds so even if Macfayden has diamonds no body will buy them. Oh well, I guess I will dump tomorrow, what else can I do??? Look for a 500,000 shares at the open at whatever the bid is, more than likely 0.04. I'm very tired and watching my shares go down in price. Bye bye

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