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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 oreelseon Aug 27, 2012 10:28am
108 Views
Post# 20263915

RE: RE: sign of cliffs weakness

RE: RE: sign of cliffs weakness

Dated Aug 27/12: "Cameco Corp. (CCO), the world’s third-largest uranium miner, agreed to buy BHP Billiton Ltd. (BHP)’s Yeelirrie uranium project in Western Australia for $430 million.

“Yeelirrie represents an attractive deposit that fits well with Cameco’s vision and corporate strategy,” Tim Gitzel, chief executive officer of Saskatoon, Saskatchewan-based Cameco, said in a statement dated yesterday. “We are pleased to add this promising deposit to our suite of uranium assets and look forward to advancing this property.”"

As BHP goes so goes CLF in spades. CLF exiting the ROF will excite Xstrata and their competition.

Bullboard Posts