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 Dragon23on Mar 23, 2016 12:26pm

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Post# 24693152

Question

I will not dignify the ridiculous and completely unfounded remarks by some here (particularly JA & Lou) regarding our largest shareholder...was 13%....could be higher now. I was here in 2009 when Cliffs and Noront were bidding for FWR. Question: If Noront (aka RCF/BAO/ FRANCO-NEVADA) decide to consolidate further and make an offer, of say 0.09 per share to KWG....would there be another FWR style bidding war? Who would the other bidder be? Would Frank cave easily? Would you, the lowly retailer? Don't be distracted by the rubbish talk about Noront around.

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