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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
Comment by shambanoon Sep 05, 2007 3:58pm
156 Views
Post# 13346425

RE: RE:kwg in a streetfight

RE: RE:kwg in a streetfightSince KWG already reported that they are talking with DeBeers and that processing KWG diamonds at Victor is a possibility, I suspect they announced that news because they are talking with DeBeers and DB has already had a good long look at the diamonds recovered so far. I'm sure DB has a database of what they found at a similar stage of exploration and it's a simple matter to compare the data. KWG has probably told DB they have 60 or 90 days to review the information and make an investment decision be it direct ownership in new KWG diamond subsidiary or partnership with KWG for a major bulk sample in 2008, otherwise KWG will shop the property around with other potential investors such as BHP, Rio Tinto etc, although Rio may have a back through Ashton Mining which is now a subsidiary of Stornaway. Lots of back room dealing going on here and it's hard to see the forest thought the trees, keep them guessing, dazed and confused is the old Vancouver adage until all friends and family have bought in and I don’t mean to imply this is what is going on I’m just speculating and conjecturing here, it helps me make my decisions. Cheers and GLA
Bullboard Posts