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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 insidapicon Aug 04, 2011 8:28pm
244 Views
Post# 18906368

RE: Cash is good for KWG

RE: Cash is good for KWGis there a  new  plan,on paper, including this 18 million ,assuming kwg get's it all !!   or is there  a reason why the farm was sold to the first bidder ?  This sale is a total shock. What the heck is goin on here ??????  Where does the value...18 million come from?????  Wher's all the pumps NOW with their calculation's of the value here.  Is 18 million the intrinsic value,or is this a sale (with strings attached )  to a collector ,who specializes in  such  purchases.......who may have just bought the holy grail !   for a song.   How long will this 18 million last...IF kwg get's  the whole 18 million. There is a shadow, cast  by the integrity of this deal,on the PLAN that was to have been followed. Was kwg in fact hard - up for cash???
Bullboard Posts