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 Nov 26, 2012 11:14am

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Post# 20643650

RE: RE: RE: FN people opinions

Tarquin4. The Alistair MacDonald WSJ today (Mond Nov 26) concluded that "Canadian consumer delinquencies dropped to 1.22% ---- the lowest level since before the financial crisis".

Also, "more than 70% of Canadian exports (are) going to the US".

Indeed the US has to pull up its socks (which it will) and in the process the USGS has to start buying ROF Chromite Ores now well in advance of production and at a premium prices. This was the case in the past, enabling Falconbridge to develop a new Ni mine in the Sudbury Ontario area (believe it was called Strathcona).

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