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 25, 2012 10:37am

97 Views

Post# 20150219

RE: cliff's low today 41.46

I can see CLF's sinking even further with the right news. That news could sink CLF's into the $30 - $35 range in the blink of an eye. Lets hope a cashed up major can put them out of their misery that is if the US government does not block the sale. For a government that believes in a free market they sure look like a Marxist state in there handling of foreign takeovers.

I sure hope Yank 6 shares has divested or the aluminum residence may sound a little hollow with no furniture.

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