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 fahrenheit911on Mar 23, 2015 9:50am

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Post# 23550376

RE:RE:RE:Good for NOT up 12c.

Unfortunately wouldn't surprise me to see a run on selling KWG and buying NOT as the future potential for KWG in the short term is minimized by this chromite sale to NOT. Strategy could be to buy NOT now and later return to KWG once the playing field is clearer and what exactly NOT plans are. Still doubt that NOT can mine chromite on their own...others???? will need to get on board. But one thing is clear, KWG doesn't have the financial means or backing to be a party in the short term.
What we REALLY need now is Frank giving shs a clear and accurate update on KWG position and plans.

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