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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Post by Razmot2on Jan 13, 2011 4:40pm

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Post# 17968523

Exchange rate US$ vs CAN$

Every day that goes by makes it even more expensive for them to buy CLM... Think about it... 0.01 cent on à 4.9 bilions deal is 50 M$. Once the CAN$ hit 1.05 US$, it will be 250 M US$ more... SO me think KWG is just pocket change for CLF....

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