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 shelbson Aug 12, 2014 3:11pm

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Post# 22833427

RE:RE:RE:RE:RE:RE:ANYBODY SPOKE TO BRUCE SINCE LAST NEWS RELEASE?

I asked Bruce:

Haven't heard much from the company in a while. What's going on right now? Why is the stock being sold down?

What's your take on the news from the mining court appeal?

In which ways are we advancing the company?

If Cliff's sells there land, will you guys try and partner with someone to buy it?

He replied,

Lots going on, working on a number of fronts. Including funding for the infrastructure, Direct Reduction Process and associated patent, building a relationship with the new management group at Cliffs, planning the next steps for the Black Horse, and more.

Don’t know why the stock is selling down a little, likely just a short term situation.

With regards to the decision of the Divisional Court, we will likely appeal.

If the chrome assets in the Ring of Fire are to be divested by Cliffs, we would be interested in acquiring them.

Doggy, you should sell your shares! Then you won't have to continue to complain, take your money and run!

Shelbs

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