KWG Resources Inc C.CACR

Alternate Symbol(s): KWGBF | C.CACR.A

Metals & Mining Copper

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 rallardon Mar 01, 2013 10:54pm

130 Views

Post# 21065920

RE: RE: RE: RE: RE: RE: RE: all longs.

The biggest consumer of Cr is not the US but China. If you think this mine is going to be built to only service the US it will fail. China is going to be the consumer and if you take a look at China's 5 year plan you will see they are going to need Cr and lots of it. Canada needs to change it's focus from south to East, Asia is where the future prosperity resides. China has trillions of dollars to spend the US only has trillions of dollars of debt. I for one would only sell my chickens to those who can afford to pay cash not IOU's.

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