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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 pickdawinneron Nov 18, 2013 12:16am
235 Views
Post# 21914604

RE:part 4 of Stans Report

RE:part 4 of Stans ReportI really liked what Stan Sudol said in his final article of a 4 part series He said, "big mining companies can make enormous mistakes, so every plan they propose is not sacred or untouchable".https://www.thesudburystar.com/2013/11/17/sudol-transportation-costs-key-for-successful-ring-of-fire-developmentand yet there has been so much emphasis on the building of a road into the ROF. On Oct 21 2013 https://www.ipolitics.ca/2013/10/21/ring-of-fire-developer-says-ontario-must-act-to-save-project/ in and article written by Maria Babbage of The Canadian Press it stated "If it can’t build the road, Cliffs will have to consider shutting down operations, said Bill Boor, vice-president of ferroalloys". Why would Cliffs have to shut down operations if a road was not the mode of transportation into the ROF? The railway isn't going to cost Cliffs a dime to build, so why would a railway of which would service all the mining companies in the ROF cause Cliffs to consider shutting down operations especially when the costs to ship by rail is but a fraction of what it will cost them if they were to ship by truck via road? That just doesn't make any sense to me what so ever.
Bullboard Posts