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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 flybyyouon Feb 23, 2012 10:38am
168 Views
Post# 19572801

RE: RE: RE: RE: RE: RE: RE: at last..took the plun

RE: RE: RE: RE: RE: RE: RE: at last..took the plun

At least we agree on a few things.  Your problem is that you are too anxious to see this thing resolved.  This is business.  KWG has the corridor that Cliff needs to ship the ore out and one third of the profit of a world class chromite deposit that requires very little capital investment.  Cliff knows all this and refuses to do business with KWG.  The sensible and most advantages to both KWG and Cliff would be for Cliff to buy KWG at a fair price, put the 600M into the RR, delay the BT until BD ore can pay for the concentrator and other equipment required to bring BT ore to market.  If you lived in a home that a proposed highway was planned to pass through would you not want top buck for your property?

Bullboard Posts