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KWG Resources Inc C.CACR

Alternate Symbol(s):  C.CACR.A | KWGBF

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
Post by gmazerolleon Feb 10, 2018 5:04pm
121 Views
Post# 27539570

Ivestorat - Pear3

Ivestorat - Pear3I am not an accountant so - and we do not know all the possible costs in the equation

I just wanted to point out that asked the web site be cleaned up  - it is not complete.

I wanted to say there is exageration still there ..
Lets look at your own statement ( and boost it a bit because the sources quoted allow us to)

The Italian Reference says 320.4 Billion Kwh in 20117

 

Your work

At around 3 mwhrs per ton cost x 12 million tons utilizes 36 million megawat hours
which means power consumption savings if all the worlds arc furnaces were shutdown would be equivalent to italys power consumption. “

 

I will give you (cause the cited test paper says this) 3.3 MWh/t by 12.9 Million tonnes = 42,570,000,000,000 Whrs --- To get Kwhs divide by 1000

gives 42 .57 Billion Kwhs -- Not close to the Italian usage of 320.4Billion Kwh in the source

That is the point an exageration ... we do not need such.

 

There is amazing savings in the patent – IF you believe the statements – With this on the web site – IT is HARDER to believe – Doubt the statements on the patent  - begin to enter ones head.

This is also the TOTAL energy used in the production of Ferro chrome (roughly)  NOT the savings 


This was the point - sorry I could not make it more clearly the first time

Jerry
 


 
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