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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Post by Tumbleweed67on Jun 04, 2010 2:18am

328 Views

Post# 17157667

ANOTHER THOUGHT

What about DD? IF this merger goes through, DD gets distributed (at whatever ratio) to KWG shareholders. So then we have shares in a company that hold the RR claims, a 1% NSR, and a couple mil cash. Then what? What exactly is this company going to do? Build the RR?
Just how long do you think this company will survive on the open maket?
You want to talk about a bidding war...now there's a setup just ripe for one IMO.

JMO (again)
TW

btw, you can sure tell us Westerners...the only ones still here ;)

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