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 Sep 13, 2012 4:55pm

184 Views

Post# 20359831

RE: RE: RE: RE: ‘taking time to listen,’ says Debu

shrink666. Not quite as low as US 5.5 cents; its 5.5 cents Canadian (1.03281 exchange).

Would rather have KWG's DDI's good hands getting CN Rail working for them than having a further weakening CLF getting side-tracked.

What you may not be factoring in, along with patience, is the coming recession enabling overall low capital costs for Chromite Ore, etc productions starting later when strong demand returns. By then, you might well have changed your 666 to 555.

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