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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
Comment by Tumbleweed67on Jun 04, 2010 1:39am
213 Views
Post# 17157642

RE: RE: RE: RE: RE: RE: RE: SPQ HOLDERS WILL NEVER

RE: RE: RE: RE: RE: RE: RE: SPQ HOLDERS WILL NEVERLOL...wasn't that Twisted Sister?
Listen, I am not absolutely convinced Cliff's wants KWG JUST YET.
Maybe that whole "whichever one we get first" bit was a ploy to scare SPQ shareholders to jump in, or be left twisting in the breeze. I think they want SPQ first. KWG has value to them as is for a while yet, and no fear of another bidder with Cliff's owning 20%.
My opinion, as humble as it is, is that both companies are better off as one, with controlling interest in BD. Alone they have no alternatives, just to wait. But watch out for that 1.2B O/S.
Another question I would ask is, if this was all a setup for Cliff's (as has been stated by...), why are they removing the NSR and RR? If Cliff's was truly behind this, wouldn't they have found a way to keep those in the merged company? And why bring the diamond claims back in, something that has been very public that Cliff's has no interest in?
These are just some of the questions I find interesting...I guess I have indicated my postion :)

For what it's worth,
TW
Bullboard Posts