Posted On: 09/10/2012 7:37:37 PM
Post# of 8059
I truly hope the company isnt making knee jerk real time decisions like that based on the price of ore. They should be moving as fast as they can to get as much ore up as possible at all times, regardless of the price, as long as its positive profit, and it should be.
The "only" situations IMO that should run counter to that approach would involve running low on working capital and not knowing when the next shipment (wave of funds) is due, as well as what type of permitting has been granted.
Theres more ore in the ground than well use in our lives, and Time Value of Money rams this operational strategy home (new mines diversification skys the limit) We need need need more consistent shipping.....but we need financials most of all. Perhaps we need a CWRN lobbyist at the Mexican Capitol trying to ram home all the good things iron ore tax revenue and jobs potential.....or a lobbyist at the gate down in Baja yelling rabdom things each time management drives by hahaha.
I like forward to the day where we can make sense of these delays. Adding shares in the meantime, as my pile is double where I thought id get. And if we go through the winter without resolution on our key elements, then ill likely be somewhere in "life changing" range.......as long as we keep our revenue stream on a truly skyward trajectory and follow through on what I see as the obvious, overdue, and achievable remaining housekeeping measures.
The move from 2011 to 2012 has been sad, even for me an ultra optimist, if only in terms of actual shipping....but thats the name of the game. What we dont see (uh) besides the numbers is the obvious overburden removal and things of that nature.
CWRN
The "only" situations IMO that should run counter to that approach would involve running low on working capital and not knowing when the next shipment (wave of funds) is due, as well as what type of permitting has been granted.
Theres more ore in the ground than well use in our lives, and Time Value of Money rams this operational strategy home (new mines diversification skys the limit) We need need need more consistent shipping.....but we need financials most of all. Perhaps we need a CWRN lobbyist at the Mexican Capitol trying to ram home all the good things iron ore tax revenue and jobs potential.....or a lobbyist at the gate down in Baja yelling rabdom things each time management drives by hahaha.
I like forward to the day where we can make sense of these delays. Adding shares in the meantime, as my pile is double where I thought id get. And if we go through the winter without resolution on our key elements, then ill likely be somewhere in "life changing" range.......as long as we keep our revenue stream on a truly skyward trajectory and follow through on what I see as the obvious, overdue, and achievable remaining housekeeping measures.
The move from 2011 to 2012 has been sad, even for me an ultra optimist, if only in terms of actual shipping....but thats the name of the game. What we dont see (uh) besides the numbers is the obvious overburden removal and things of that nature.
CWRN
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