KWG Resources Inc C.CACR

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

Metals & Mining Industrial Metals & Minerals

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

Bullboard Posts

Comment by razmot10on Apr 12, 2011 9:57pm

291 Views

Post# 18422444

RE: RE: Drill results

It smells more like manipulation! Who would have an interest in keeping the share price as low as possible and would have a fairly large volume of shares to sell?

At 3$/sh of revenue over 16 years... that is 0.20$/sh a year. Even with a basic P/R of 5, we should have been around 1.00$ per share... So there is obbiously a large SH puting this wall at .12$...

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