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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Post by UnluckyNumber13on Mar 12, 2016 5:38pm

153 Views

Post# 24652119

Noront's PP

The PP has been filled twice, and then re-issued at larger numbers. Demand was stronger than expected.

KWG was expected to have the Chinese delegation arriving early. Did that really happen, and is this smoke and mirrors? Is this "delay" a stalling tactic for shareholders, because Frank wants to wait until after March 22nd to show his cards? Or are negotiations not going as well as hoped? How much truth was there in Al Coutts' statement that Noront would also be consulted?

Time will reveal the answers to all of these questions. Many comments on this board are inaccurate.

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