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.

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KWG Resources Inc

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Comment by oreelseon Aug 29, 2012 1:28pm

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Post# 20275089

RE: iron ore ingots

goodheart-r. Xstrata went in steps to get Noranda & Falconbridge?

Glencore, instead of buying the Xstrata they don't now own can then fund a CLF takeover and sale of CLF's ROF assets to Xstrata.

lou64 referred to the Canadian Pacific RR example where a New Board of 16 Directors was Elected, including seven backed by Ackman, whose Pershing Square Capital Management fund is Canadian Pacific's largest shareholder with about 14 percent of the company's stock.

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