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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 Profit79on Apr 26, 2013 8:26pm
61 Views
Post# 21308064

RE: Timing on Easement

RE: Timing on Easement

Marlboro, I agree with you. I've even posted a response that I got from the ministry of natural resources, which indicates that there is still some way to go before any easement decision is made. I also think its a good time to accumulate, but I'm being called a brasher for stating the response I got from MNR which states that the environmental assessment from Clf has to be submitted and reviewed  before they can make an easement decision. That is the response I got from Londa Mortson, who works for MNR. I also have a letter from tony Clements office, which is less insightful then the response I got from MNR. I am going to buy more stock on those assumptions. Not on the moronic rhetoric I keep reading in here about " any day now, mark my words"...  From guys who probably don't have 2 pennies to rub together. So yes, great time to accumulate, but that easement could come 2 days from now or 2 years from now. Anyone's guess. 

Bullboard Posts