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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
Post by bizwizon Mar 03, 2010 5:17pm
338 Views
Post# 16839982

Producing the goods...

Producing the goods...With the potential incorporation of an independent entity (called Canadian Chromium if I'm not mistaken which someone earlier on mentioned some while back ) to oversee production from the Chromium deposit whose discovery hasn't sparked as much interest as it should, it leads to the understanding that the JV partners are ftirmly aware of what they are onto.   Unfortunately the market hasn't followed suit (which could be a blessing for those intent on accumulating more cheap shares...) . Mind you it is important to get the needed expert and organisational resources to get things moving just to be in front of the pack instead of being left behind. Despite the scepticism on the part of many which beleive that the market will objectively play this one out there are certain past examples which stand out. In that regard I could state the gigantic Dumont nickel deposit in the vicinity of Amos Quebec (discovered in the 1950's and which is currently being explored by RNC ) which despite the overall tonnage and grade (which despite being of substandard grade  overall still contains a core of over 135 million tons grading over 1 % copper and 1% nickel with noteworthy Cobalt and PGM credits) was overlooked after experts proclaimed that the deposit was not economic to mine the ore being deemed as refractory... Hopefully with new operators and improved technology things have changed even if the use of special detergents to unbelieveably enough make the ore float on water to creat a concentrate has been in use for a number of decades... Just goes to prove that with the  right people things advance more smoothly ..and quickly...
Bullboard Posts