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 NYRRon May 28, 2010 11:54am

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Post# 17140205

RE: RE: Insider action

It doesn't mean much when things are normal.... But here you are telling Cliffs to shove it and then sell shares doesn't matter how much sends the wrong message IMO.... We have 2 choices give into Cliff or Roll the dice with the merger...

I am for the merger for 2 reasons , 1) when we have controlling interest more suitors will come around..2) It will push Cliffs Hand if they thing it will happen... Stay strong GLTA

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