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

Bullboard Posts

Post by superstar1976on Jun 06, 2012 9:50am

213 Views

Post# 19984673

Good news....BUT WAIT...

KWG is now going to put the pressure on Cliffs.....Cliffs will realize that they do not have a case and will lose, and KWG will skyrocket.

However don't be surprised to see KWG brought down to 0.45 or 0.04 by Cliffs themselves before launching another take out of 0.15. That is the most likely scenario so just be patient.

Bullboard Posts

Golden Minerals closes Yoquivo gold-silver project sale