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.

CSE:CACR - Post by User

KWG Resources Inc

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Post by Profit79on May 09, 2014 11:48am

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Post# 22544056

Conversation with Bruce

If Bruce said that a buy out is imminent then why aren't they doing a press release stating " we are currently in talks to sell company.." ... I am skeptical until I see news. On the other hand, whats the point in selling for 50-75 cents a share when this thing can go much higher once a route is established and KWG starts a little mining... Mining can start before a route is finished, If I were KWG I would get going on removing some of this stuff from the ground. Then you will really see share price move, and fast. My 2 cents.

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