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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
Comment by lowboyon Mar 06, 2011 1:48pm
287 Views
Post# 18240688

RE: RE: RE: Reading Cliffs Powerpoint

RE: RE: RE: Reading Cliffs PowerpointFYI
The MAX. allowable gross vehicle weight (GVW) in Ont. is 63,500KGS. regardless of axle configuration.
Now subtract the empty (tare) weight of the truck/trailer combination of aprox. 22,500KGS.
The max. payload is aprox. 41,000KGS.
Now lets talk "half load season"
As Rallard said, in the spring thaw hauling is reduced to 5 tonnes per axle,thus on an eight axle combination,
(3 axle tractor,5 axle trailer) max GVW is now 40,000KGS - the tare weight of 22,500=17,500KGS payload.
Nobody in the trucking world would ever haul such a small payload such a long distance.
Their only viable option is to mass stockpile before half load season starts.
Anyway, their claim to haul 70 tonne loads on an Ontario highway are impossible!
Bullboard Posts