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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 remedyon Mar 16, 2012 10:32am
212 Views
Post# 19680261

RE: RE: To james last:

RE: RE: To james last:

4) Dual class shares are pretty much a Canadian thing. Americans usually avoid Canadian dual class shares. Historically, the little guy gets the short stick when the dual class shares are dismantled. (Just look at what the Stronachs got for the Magma multi-vote shares)

 

David not so, these shares will have no more votes attached to them like Magna, that our regular shares.

 

R

 

Bullboard Posts