KWG Resources Inc C.CACR

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

Metals & Mining Copper

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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Comment by Tumbleweed67on Dec 14, 2010 7:57pm

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Post# 17847009

RE: RE: Xtrata

Maybe this has been already covered here? Apologies if it has.
Just for shits and giggles, let's say some other company such as Xrata (or whoever) came in with an attractive offer for KWG shareholders. Where does that leave Cliff's? Would they be allowed to counter offer without the evaluation? Might they be hooped to get it done in time?

Just more speculation,
TW

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