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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.


CSE:CACR - Post by User

KWG Resources Inc
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Comment by Stockgmon Jan 22, 2020 11:19am
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Post# 30583163

RE:RE:RE:RE:RE:The .005 cent shares are gone

RE:RE:RE:RE:RE:The .005 cent shares are goneNoront may have controlling interest of the majority of the Ring, but KWG owns the corridor in and out of it. I believe, as far as Big Daddy mine is concerned its close to equal (Nor/KWG}. Does the fact that Nor gave 1st refusal to China help or hurt them? The fact that the USA is considered domestic trade as apposed to international must play into this somehow. KWG has no obligations as to who they sell to. Again, I believe that a road is all that id needed to get a number of these junior mines up and running. Also, keep in mind that China has basically run out of minable chromite. They are now buying from overseas as well. Dont be surprised if you see a big american player, invest and act as the agent selling to China and elsewhare.
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