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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Post by cyril17on May 10, 2014 3:37pm

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Post# 22547728

I am a bit sceptical about the buyout

seems to me strange that a officer of a company would say to a caller about a comming buyout.
Even if it was not a speciffic info.If it would be a credible info s/p would be way up in anticipation of t/o and the volume would be much higher.Maybee Bruce thinks anything could happen in the comming months sofar there is no indication someone is seriously buying millions of shares or is sniffing around KWG or RoF. It will happen but later , not this summer.

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