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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 Nov 17, 2013 7:48pm
218 Views
Post# 21914324

RE:Ring of fire lights up

RE:Ring of fire lights upThis paragraph tells you how old it is:" Meanwhile, Cliffs Natural Resources of Cleveland, Ohio has an even more ambitious timetable for developing the Black Thor chromite deposit it purchased for $240 million in 2010. It hopes to have all the permits and environmental assessment approvals by the end of 2013. “That’s aggressive but achievable,” says William Boor, who is overseeing the proposal as senior vice-president for Global Ferroalloys, a division of Cliffs, one of the world’s leading mining companies.
By the END of 2013...chuckle chuckle and They are leading in WHAT??? Yeah, this is outdated for sure...
best of luck to all KWG longs
Pear3

Read more at https://www.stockhouse.com/companies/bullboard/v.kwg/kwg-resources-inc?postid=21914271#jd32lwA09cKXeSlA.99
Bullboard Posts