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 Profit79on Oct 22, 2013 12:32pm

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Post# 21837639

RE:They have no choice but to buy kwg

It looks like it shaping up for a buyout, but Ciffs is saying it doesnt want to buy KWG.... Interesting turn of events lately. What does everyone think KWG is worth realistically if Cliffs had to table a takeout offer lets say from now until 12 months from now? Also, does anyone actually think there is a possibility the gov. would actually expropriate land? Thoughts guys?

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