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Cotton & Western Mining In CWRN
Posted On: 10/11/2013 11:09:19 PM
Post# of 8059
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Posted By: microcaps
Re: microcaps #5278
representative of some of the inventory looking for a good home-since 200k tons byproduct itself reportedly worth near 40 million,should also be at least 200k tons reg inventory-ca 27 plus million last i looked at sale prices- though we dont know how much for sure- original ratios would result in ca 2.5 million tons but obviously such ratios changed- but inventory could be worth 70 million or more at sale prices -goes on books for much less -pro cost

market cap is only 2.18 million-shows how ridiculously undervalued this is- equipment alone is worth several times market cap- see kubi's equip post in my sticky














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