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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

Comment by ClayTauruson Apr 08, 2022 2:27pm
116 Views
Post# 34588738

RE:RE:RE:RE:RE:Stars Couldn't Be More Aligned...

RE:RE:RE:RE:RE:Stars Couldn't Be More Aligned...
lou64 wrote: What was your other alias over on Noront ? 1st post made new name today ? LMFAO 

every piece of steel that goes into any automobile has a percentage of chromite !!!

the higher the fire and impact collision risk has a higher content ... Forrest Green Gummp bought Noront for 100 years of Chromite that sits in the ROF not some 10 year nickel play


Given his main customers are Chinese steel makers, it would only make sense for Wyloo to want to supply Chrome to the country that has none, but produces over 60% of the world's stainless.  He could end up doing an end-run around Glencore and sieze the opportunity to consolidate his importance as a supplier to the higher-value stainless industry.  

The IP that refines chromite using much less energy and still emits lower greenhouse gases without the carcinogenic hexovalent chrome problem would align with his green values and be exceedingly profitable as much of the byproduct is marketable as refractory material - lowering the overall refining cost even more.
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