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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 fahrenheit911on Oct 21, 2015 10:23am
90 Views
Post# 24211835

RE:Watch for signs

RE:Watch for signs
Payback will come to Wynne for supporting Trudeau but I don't think it will be for the ROF.  Infrastructure for southern Ontario will come before ROF.  Trudeau has identified for Fns education funding, clean water, and increased standard of living.  On the social/political side, nation to nation relationship, missing and murdered women inquiry and recognizing treaty rites.  No where will you find specific reference to the ROF.  The Ont Libs do not have the $1Bil allocated to the ROF and the IPO for Hydro One looks like it might ccome in $500Mil less that they had originally banked on.  The mantra from the Wynne camp of "getting it right" will now focus on the FN standard of living issues as cover and the FNs will not allow advancement of the resource issue until the other issues are mandated and secured by both levels of gov't.  The fed Libs had opportunity in the past to address these living standard issues and haven't exactly been successful so the FNs will be skeptical.  Ironically, the MP(Nault) who defeated Rickford was actually the Minister for Aboriginal Affairs in the late 1990 - early 2000 Lib fed gov't.

Mantra stated by FN ( I think it was Moonias and subsequently by Bob Rae) years ago was "the ore isn't going anywhere".  ROF will progress but not expecting anything substantive for at least a year.  Not sure how KWG and for that matter NOT can continue to survive financially while the other issues are resolved. 
Bullboard Posts