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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 Tumbleweed67on Aug 20, 2009 2:45am
317 Views
Post# 16233364

RE: Insider transactions---August 19th

RE: Insider transactions---August 19thI love the fact that he paid 5 cents. Other than Frank capping his buys at 4 cents, these other guys seem to be just buying shares when they want to at market price for the day. 1/2 cent sounds trivial, but that would have been $4,000 less if he was patient for 4.5 cents (which he could probably have gotten most or all of his buy at over the past week). Shows some real confidence in the SP going forward.

Does anyone know how long it normally would be for us to find out who the 2 BOD are participating in the PP for 5M shares each at 5 cents. Very interested to see if Frank is one of them...I'm guessing not?

TW
Bullboard Posts