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.

CSE:CACR - Post by User

KWG Resources Inc

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Post by flybyyouon Feb 09, 2012 8:54am

171 Views

Post# 19508151

What is the underlying purpose of this 50/1 R/S

There must be a reason why Frank whats to R/S our shares.

Is it a given that KWG will partner with Cliffs? Its starting to look that way with April 1 approaching quickly.

Is it a given that the rail is a go and in order to get funding the stock needs to be above $1.

Is it a given that BD will be mined first? All the work that is being done on BD and the increase in output of ferrochrome to 1.6 m tonnes a year is forecast by Cliff.

My bet is all the above. I would rather see a 25/1 R/S.

JMO

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