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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 Dragon23on Mar 20, 2016 9:07am
119 Views
Post# 24680387

RE:RE:Here is a distraction

RE:RE:Here is a distractionIR...One hundred per cent agree with further consolidation likely in 2016. Will KWG & Noront be taken out separately? Will they become one entity and proceed a bit further towards production prior to a takeout? I remember selling FWR for a buck way back when...I hope KWG will reach that figure as well. If they get the deal really solidified with the Chinese, get the FS started, there should be an immediate appreciation of the shareprice? And yes if these things happen, Noront will most definitely be a beneficiary! I believe there is a whole lot going on between all of the various players....I just hope that none of us lowly retail get shafted or sold out too quick!

Greasemonkies you wrote: this new deal with KWG/Chinese/First Nations
Really? I understand your enthusiasm, but I have not read of such a deal. Quite to the contrary, Frank is absolutely silent so we don’t know where this stands. At least I don’t....do you?
I don’t think we should despair about the latest news reported first by Carol Mulligan about Deloitte and Hatch Mott MacDonald LTD...I suspect (don’t know) that all of the information about transportation routes is being synergized by the various companies/governments/FN/consultants...including the study funded and announced at PDAC 2015 for the road study by the 4 communities. My personal view is that things will really begin to come together in 2016. I sincerely hope we all prosper!

Bullboard Posts