KWG Resources Inc C.CACR

Alternate Symbol(s): KWGBF | C.CACR.A

Metals & Mining Copper

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

KWG Resources Inc

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Post by backflipson Apr 02, 2010 4:29pm

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Post# 16952603

ALOT OF COMPANY'S !

NEED TO SPEND ON INFRASTRUCTURE ,LIKE NOVA GOLD NEEDS ABOUT 3-5 BILLION FOR THEIR MAIN PROJECT, AND THEIR SP IS $7.50. CANADA LOVES TO SPEND MONEY FOR THESE PROJECTS, MAIN REASON TO CREATE JOBS AND HAVE A STEADY STREAM OF ROYALTIES AND TAXES, FROM THESE PROJECTS. THEY DON'T THINK FOR 5 YEARS BUT FOR 20 YEARS AHEAD. NOTHING GOES TO WASTE, THATS WHY THEY WELCOME OUTSIDE INVESTERS LIKE THE AMERICANS AND CHINESE AND OTHERS. ITS A WIN WIN SITUATION, FOR CANADA, AND ITS PEOPLE, THATS WHY CANADA IS RICH COUNTRY ,THEY LIKE TO SPREAD THE WEALTH.

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