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.

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KWG Resources Inc

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Comment by Tumbleweed67on Apr 17, 2010 4:01pm

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Post# 17003517

RE: RE: RE: RE: RE: RE: POSSIBLE?...actually...

LMAO Tarquin,

As I see it, KWG owns outright 1% NSR.
Nemis owns the other 1%, subject to FWR (Cliff's) buying it for $1M.

As I said, I was not a heavy FWR follower, so I cannot say for certain they did not make that purchase. But I have never seen anything about it so I am ASS-U-ME(ing) Nemis still holds it?
It really does raise a few eyebrows why they did not make that purchase.
I think (MY opinion only) Cliff's may have been pulling the strings over at FWR longer than most people realized?

TW

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