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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 Pear3on Jan 19, 2016 11:16pm
139 Views
Post# 24475126

RE:RE:RE:Want a chuckle ?

RE:RE:RE:Want a chuckle ?Hey MDog You finished your post with:" if the Feasibility Study proves to be positive." It seems to me that SINCE they (FSDI and KWG) "have signed a Memorandum of Understanding today setting out the terms for mutually proceeding with a feasibility study for the design and financing of a railroad" they have agreed on the "compensation" (off-takes) for FSDI and if so, then FSDI probably has seen enough evidence to judge, preliminarily of course, that this is definitely a FEASIBLE project. There has already been some great due diligence done and the number crunching just needs to be updated. In their visit to Canada, I think they want to be respectful of the FNs whom will be partners every step of the way. This respect will be reciprocated in a constructive, productive and profitable enterprise for years, probably decades to come. Best of luck to all, Pear3
Bullboard Posts