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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
Post by cyril17on Jul 11, 2010 12:51pm
414 Views
Post# 17260490

I own SPQ and 4 x as much KWG

I own SPQ and 4 x as much KWGThe logic IMO is :if SPQ is worth 0.19 without 43-101 and additional drilling and proving of the resources then KWG must be worth at least a doubble.Never mind the other properties  we have.With more drilling and the two evaluations we got,with the RR rights and work done and money spent,with smelter royalty and future government support and money we can get .It will take time,maybe 1-2 years to battle this out if CLF doesn't make a reasonable offer to get there.I hope Frank is smart enough to know what is he doing.I would like to think he is. do not forgett, CLF needs the RR and maybe for a while will make difficulties but the endgame is in cooperation with KWG.Whatever the endgame will be.
Bullboard Posts