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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 Oct 09, 2012 9:40pm
132 Views
Post# 20466835

RE: USGS ROF CYBER CONNECTION

RE: USGS ROF CYBER CONNECTION

Following dated recently does not mean Buffett is selling any of his 100% Burlington Northern RR nor does it mean Buffett can't merge BNRR with the Canadian National RR which could then be a powerful factor in what entity builds the ROF NS RR.

 

All things considered, this would suit the USGS front-ending Chromite Ore premium-price purchases.

 

"Before the BNSF acquisition, Berkshire sold its 9.6 million shares of Union Pacific Corp. and 1.9 million shares of Norfolk Southern Corp. to avoid problems with regulators.

Berkshire said it will work to sell the two small railroads quickly.

Berkshire said its MidAmerican Energy utility subsidiary owns the CBEC railroad that brings coal over six miles of track to its power plant south of Council Bluffs, Iowa.

The White City Terminal Union railroad that serves an industrial park near Medford is owned by Railserve Inc. That company is part of the industrial conglomerate Marmon Holdings Inc., in which Berkshire has owned a controlling interest since 2008.

Berkshire said the White City line is 12 miles long and has two employees and two locomotives. It generates about $250,000 in revenue annually."

Bullboard Posts