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KWG Resources Inc C.CACR

Alternate Symbol(s):  C.CACR.A | KWGBF

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
Post by gmazerolleon Jul 08, 2010 7:14am
372 Views
Post# 17252884

Why the old faces?

Why the old faces?The most solid evidence that Cliffs is interested short or medium term in KWG is the presence of tthe negative posters in FULL force on this board. 

They could be shorters BUT in my opinion they would not have the guts to play that game unless they knew that Cliffs would be giving them legs with the potential to drive the stock down with their share assets being devoted to drive the stock down.  I am with Rallard for now -and will wait a bit

The Shorters and MM Cliffs  MAY have success (unless there is a deep pocket dady handy - brought there by the paid help - TOTALLY possible.

           I have a comfortable position BUT would like to double it or better.  IT IS SHORT to MEDIUM TERM play as the bashers attest by their presence IN numbers.

Kasm
Bullboard Posts

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