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

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Comment by Tumbleweed67on Jul 29, 2011 10:53pm

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Post# 18889658

RE: RE: Old post re JV on production

goldhunter, how does your scenario of "KWG can package the 1% NSR with the RR in CCC and spin that off as well" align with Moe Lavigne's statement that eventually the FN would have control of the RR? Are you suggesting CCC could become a public company run by the FN?
Not sure if that equates the "big gift waiting for them" he was quoted saying.

Also, I guess I'm not familar with their CRA application. When I read they want "flow-through shares", my thought was they were going to try to sell 6 or 7 Billion shares (at near current levels). Pretty far fetched IMO. Then Rallard mentioned bonds? What is it they are trying to do exactly?

TIA
TW

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