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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.


CSE:CACR - Post by User

KWG Resources Inc
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Comment by oreelseon Oct 07, 2012 8:19pm
195 Views
Post# 20460644

RE: Berkshire Hathaway's IMC

RE: Berkshire Hathaway's IMC

Tarquin4.

IMC Group, is a subsidiary of Buffett's Berkshire Hathaway (BRKA) that holds a diverse portfolio of metalworking companies.

Buffett's Burlington Northern RR may get involved with the ROF as in 1999, BNRR system announced a $6 billion merger with the Canadian National Railway to create the largest railroad in North America, but in 2000 the deal was scrapped after the U.S. Surface Transportation Board froze all such mergers.

However, the ROF NS RR will be a huge money maker over the balance of this Century & the USGS will front end very long term Chromite Ore purchasing, in addition to purchasing by Buffett's Metalworking Companies.

Buffett may even be interested in CLF spinning off its ROF Chromite Ore, etc assets.

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