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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 Pear3on Mar 19, 2013 8:16pm
160 Views
Post# 21152934

RE: RE: Fiberals Consistent...who cares!!!

RE: RE: Fiberals Consistent...who cares!!!

All this attention on divestment of ONTC...so what if it is divested...it goes to ??? someone who will most likely operate a RR in Northern Ontario...hwether it goes to the port AUTHORITY or to Cn or CP or any other who is willing to pay up, this entity will do its d__n best to make money with the assets...who is to say that the feds don't want it to go to a bigger rail operator, who could and would ultimately build it faster than ONTC could.

It's not lie the winning bidder will take the ASSETS to South America...the important thing is that the feds, KWG, a corporate partner and a rail operator team up and get this done as fast as possible, so as to start generating revenues for all...mining companies, governments, First Nations and shareholders...

It's not that complicated, but CLFs big immature egos have refused to back track and partner up in a reasonble fashion and they are paying the price while everyone else waits...they played a game of Russian Roulette and they lost...they will soone go thru the various stages of denial and then grief...they will inevitably come face to face with the sobering recognition of their own greed...as I said two years ago...they went chasing pennies in their take-overs while billions were being lost in future earnings...no vision, no insight, and no perspective.

By comparison, Frank will go down in history as the guy who slayed Goliath with one piece of chromite, many smart strategic moves and and a lot of quiet confident patience and in so doing saved the Canadian chromite industry for decades to come...

Good luck to all KWG longs

Pear3

Bullboard Posts