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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 Jan 20, 2018 10:47am
95 Views
Post# 27400502

RE:MD or Dragon

RE:MD or DragonIR...IMHO...I kind of think Timmons. The salient fact is that it is hypothetical at this point and also 10 years out. That is normal and nothing to be alarmed about. The smelter in NL for VB nickle was somewhere in that range as I recall from the idea to completion. The E/W road is preferable for Noront for the obvious reason of EN development, and cash flow....The N/S is far more amenable to longer term chromite mining and the eventual RR. Noront has stated numerous times that they will be ok with any route. Yes, it looks like Noront are tight with MF....still some (a lot) of volatility around it all so I guess we live in hope that IBA's etc. are proceeding well. Frank's best option? I honestly find it unbelievable that there is not better synergy between KWG & Noront. Does it go back to the "Staking Fiasco"? Not sure, but it sure seems that KWG in on.ignore. Again, perhaps there are things happening between them that we are not privy to. Sincere good luck to you....and all of us!
Bullboard Posts