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 fleamarketon Jun 10, 2010 11:37pm

965 Views

Post# 17179617

Looks to me like....

Looks to me like both spq and kwg are getting valuations so as if for some (of multiple) reasons the merge does not happen (and a possible sell out by one or the other) then the valuation will help protect the sp from plumeting because a value will be set in place for this initial and possible extentionof the resource. Managment is doing a fine job combating with cliffs dirty tactics in my book. It appears like they are one step a head then 1/2 a step behind landing right on key to the next step ahead.

& Hopefully this mental and share (sp) manipulation will be brought to attention of the right commissions (OSC).

the valuations will be very interesting to see.

FM

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