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Cotton & Western Mining In CWRN
Posted On: 11/07/2013 8:54:08 PM
Post# of 8059
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Posted By: microcaps
Re: microcaps #5450
so u probably know this kubi but it may be confusing to others

the iron industry has been gangbusters since ore climbed to 45 in 2008 even while steel industry was hurting- so w steel industry improving that improves an already good outlook for iron

many industries etc have profit margins of ca 3% or less so irons huge margin is unusual -even big boys can put iron in china for 50 w price at 135 














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