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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 biggreekon Feb 27, 2013 12:23am
241 Views
Post# 21046853

RE: RE: bigeek

RE: RE: bigeek

Freewest went for that price because there was a bidding war with Noront, there was a fight for Spider, but unless KWG hits it big with Bold claims, there is no reason for anyone to step into Kwg, esp with cliffs owning 19.9%, KWG will have to pay for its share of future drilling, PEA, and the building of the mine, what about the smelter. KWG will have to make a number of raises which will cause large dilution of shares, what I don't understand is the witch hunt against cliffs, nothing happens in the ring of fire without Cliffs input, they have the major deposits tied up,Noront needs to increase the size of their deposits before they become a player,last year I owned Galway and Trelawny, both taken out,I wanted a bigger price on both,I knew they were worth more, but the market is the market, most times you take what is given to you and move on

Bullboard Posts