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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 helpful1on Mar 15, 2015 11:02pm
184 Views
Post# 23523996

RE: What cost the legals in the burning ring?

RE: What cost the legals in the burning ring?
No worries.KWG Resources will definitely win the court case & reclaim the right of way for the railway.It comes right back to proper way to stake mining claims for hundreds of years.In the end KWG will achieve claim to the important right of way for roads & railway alike.Then,perhaps majors will be eager to get the infrastucture started & get this huge $60 Billion Project going.I think by the time it all gets developed the price of chromite will be very high & there will be a huge demand for stainless steel.There are 2 very large partners just waiting the wings for some major decisions & agreements to be finalized before they step in with big committments.Government should also realize it is high time we got folks back to work.Ring of Fire has been compared to OIL Sands of Alberta.Perhaps this ROF will be the next big discovery to get developed.
Bullboard Posts