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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.


CSE:CACR - Post by User

KWG Resources Inc
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Comment by sethroon May 02, 2013 2:22pm
156 Views
Post# 21330575

RE: RE: RE: RE: RE: KWG and DDI

RE: RE: RE: RE: RE: KWG and DDI

I don't get why DDI is half a penny.  They own 21 million shares of KWG. 

If KWG is 5 cents, 21million x 0.05 = 1 million $ cash.

DDI has 54 million shares outstanding, so 1,000,000$ / 54,000,000 shrs = 1.8 cents Cash Value

if DDI sells the KWG shares (giving zero value to DDI's properties), yet its trading at 0.005 a cent. 

I guess thats the market these days everything trades at a discount to cash value?

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