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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
Post by flybyyouon Feb 04, 2013 8:22am
143 Views
Post# 20932715

Cliff's greed and self centered attitude

Cliff's greed and self centered attitude

1. Cliff's owns 74% of BD

2. They are willing to spend 600M for an exclusive road so no one else can use on KWG property

3. Does not want to compensate the FN,KWG or Ont Goverment for use of land

4. Wants the Goverment our tax dollars to pay for infrastructure.

5. They would rather spend billions on a processor for BT chromite so they wouldn't need to share the profit.

Does this make  Cliff's a nice and fair corparte citizen?  No

Play fair Cliffs nobody likes a bully and a pompus company

A better outcome would be to work together with KWG, FN and the Ont Goverment.

1. Offer the 600M to build the RR with KWG and the new ONTC to operate the RR.  This is good for the enviroment.  It would cost less or nada to ship chromite concentrate for Cliff.  Every other mining company can use the RR including the FN.  The whole region can benefit from the RR not only Cliff.

2. Mine BD first.  This will generate quick cash for Cliff so they can build the processor.  This will cost 25% of the porfits from the revenue generated by mining BD.  Share the wealth with the FN as a sign of good faith and equality.  This will be the shortest and less expensive route to generating cash for Cliff

But then again you could keep your branding of a bully and pompus attitude by just buying KWG for a fair prize of lets say a dollar a share...make that a Canadian dollar per share.

Bullboard Posts