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 12, 2013 11:55am

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Post# 21116312

RE: RE: RE: KWG should buy BD from Cliff

The problem with selling CLF's our % of BD is they have no money.. I sure do not want CLF shares for the purchase and I am sure Frank doesn't ether. CLF's sp is in a race for the bottom and at the current rate of decline it will be $5 by January 2014. There is nothing that is going to bolster CLF's sp for at least 5 years. Their business outlook is terminal...the only thing left to do for CLF's SH is to hope for a miracle (buyout)

Bullboard Posts

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