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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 Mar 02, 2013 4:29pm
179 Views
Post# 21068163

RE: What a joke

RE: What a joke

First of all, I said, I was called a basher, not that I am one, secondly if indeed a takeout bid comes it at 18cents, its your right as a shareholder to accept or reject it,but some  of you are painting a fairy tale story, and thats not whats is happening,KWG will have to come up with more money throughour the year,which will lead to more dilution, maybe I am wrong and cliffs gives 25, we all know cliffs will want to take their minority partner out at the cheapest price they can if Cliffs sells their share, you never know the new guy may even play hard ball, Glencore are tough

Bullboard Posts