KWG Resources Inc C.CACR

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

Metals & Mining Industrial Metals & Minerals

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 oreelseon Apr 16, 2013 1:20pm

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Post# 21259512

RE: RE: this evolves around cliffs

Agree when Xstrata folds into Glencore, Xstrata's Mike Davis will be gone & as Ivan Glasenberg said, he may sell Xstrata's 49% owned Falconbridge Koniambo in New Caledonia which has had huge overruns (probably to China), but one way or the other keep at least Xstrata's 49% Koniambo FeNi, etc Sales Agencies.

Then Glencore would not suffer any on-going Koniambo startup, etc problems.

As such, it wont be Xstrata buying into the ROF but more likely China, with Glencore again wanting Sales Agencies; which Canada will want to oppose or at least tightly & properly manage.

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