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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Post by petes97on Jun 30, 2010 1:29pm

309 Views

Post# 17235069

new starting point

With the valuation out, everything prior is out the window. Cliff's can't say their offer is superior anymore. ITs a big card game and FINALLY we (spider and KWG) have picked up a couple of aces in the hand.

It's Cliff's next move but, for anyone selling below .30 cents now is nuts. KWG is valued at or more than spider. The present market is from manipulation.

The only thing going to hold these two companies up right now is CONTROL.. As two independent operators with Cliffs as the third, no one controls the find just yet.

If that gets settled .ie merge, then watcht this fly.

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