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 leopaulon Feb 18, 2012 3:19pm

321 Views

Post# 19554369

Clf has no interest now (and never) in KWG READ MY

2 years ago.... <<Cliffs intends to offer to acquire KWG at a price of Cdn.
.13 in cash per KWG common share >>

If CLIFS want KWG.... it is before the next meeting. The price of KWG is only 0,07 $..

After the meeting and the rolling back Kwg will be at 3,50 $ - 4,00 $ and all the people on this bord tell that the shares will be up ++++ because the big byers would be KWG and will be more interesting.

Why Clifs will pay more money in a few months ???

It is my opinion

Leo

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