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

Bullboard Posts

Post by buyingitupon Jun 24, 2010 9:28am

456 Views

Post# 17217408

KWG will drop today

KWG will drop to 11 cents today. They won't match SPQ's offer. SPQ will reject Cliff's offer and then they will merge the companies together. Lucky if the new company is at 20 cents to start, and a bunch of sell off will occur dropping the price to 15 cents. An offer will come from Cliff's at 25 cents. Shaken up from the huge sell off, shareholders will approve the 25 cent offer.

Bottom line.

See, I can be just as stupid sounding as JDF.

Bullboard Posts

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