KWG Resources Inc C.CACR

Alternate Symbol(s): KWGBF | C.CACR.A

Metals & Mining Copper

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.

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KWG Resources Inc

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Comment by rallardon Jul 16, 2012 10:38am

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Post# 20116738

RE: A bit of history and perspective part 2

That was .37 per share in 2010. This is 2012 and the project has moved along and KWG has bought back a good number of shares. When the next valuation comes I would expect the the new valuation to be higher. This play is now all about patience, KWG has a bank account that can sustain them for years. CLF's can not afford to wait years. The end in my estimation is less than a year away so I will wait some more.If CLF's stumbles with this project be assured there are a few other majors waiting to develop this world class mining district.

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