Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Profit79on Jul 03, 2010 2:22pm
430 Views
Post# 17241183

RE: RE: Where do we go from here?

RE: RE: Where do we go from here?Spin-Offs may not be a bad idea, but it may not necessarily stop CLF from pursuing us. The key to development here is the railroad, which to my understanding is the only way out of the area. Logistically speaking I think railroad is the only option. This business with SPQ was a typical divide and conquer technique, pitting 2 smaller companies against eachother. It was played out according to most in the know sharheolders opinions. Eat up SPQ, turn the heat on KWG by pulling the bid for them, state that you dont need KWG to go ahead and bingo, instant millions. Only KWG shareholders (holders, not penny flippers) are a little more seasoned then our SPQ counterparts. It actually will probably work out in KWG favor. Im assuming many shareholders were wary of the dilution if SPQ and KWG struck the deal. Either way, moving forward, KWG will stand to make more if we get the ball rolling with BD, not to mention Diamonds. Im ready for price fluctuation, but I would actually think this is going up shorterm. Theres not much to debate here, KWG is in on one of the worlds biggest chromite plays, with exclusive rights to railroad, and according to recent NR also possibly on the verge of discovering a huge Diamond discovery. Does this sound like a company thats only worth .12? Ridiculous, its time most of you start listening to logic, not scare tactics. This is a play which will award patient sharholders A La Noront in 2006-8 which made how many rich shareholders? Use your head folks.
Bullboard Posts