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 parsljaon Dec 31, 2009 2:49am

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Post# 16628276

RE: RE: RE: RE: NEWS

Just from the news I heard this from a buddys broker this is great news. From what explained to me this just means that this movement is just for government purpose. The governments are going to produce many millions of dollars for relief (maybe credit) for infrastructure(roads and railway) More jobs and income, does not mean stock is worth any less, I was puzzeled at first and a little misinformed but was advised other that this is a good thing. If any others have wisdom to comment on would be much appreciated.

Happy New Year
JP

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