Posted On: 02/21/2014 1:22:50 AM
Post# of 8059
Sounds good-its doable-the never before seen games by various entities targeting thousands of penny stocks cannot continue forever without due process in a democracy
most startups either cannot find the ore or cannot afford equipment to mine to 1st revenue,let alone net income- CWRN has already done that and we have your excellent equipment overview-included as part of my sticky
could ship a Panamax every month for 46 years just from 1 vein (and 5 known veins so far-more will likely be discovered when revenue allows further drilling for years) if ore continues in same % as in the deep holes so far
once shipping holdup is solved-most likely political port games- any price envisaged the next years should give cwrn a very good profit -cost of production maybe ca 10/ton or less plus shipping of ca 16/ton Panamax and 9/ton trucking etc would result in total cost maybe 50/ton
miners were obviously making a profit when iron was 10-14/ton til 2002-so that gives perspective
most startups either cannot find the ore or cannot afford equipment to mine to 1st revenue,let alone net income- CWRN has already done that and we have your excellent equipment overview-included as part of my sticky
could ship a Panamax every month for 46 years just from 1 vein (and 5 known veins so far-more will likely be discovered when revenue allows further drilling for years) if ore continues in same % as in the deep holes so far
once shipping holdup is solved-most likely political port games- any price envisaged the next years should give cwrn a very good profit -cost of production maybe ca 10/ton or less plus shipping of ca 16/ton Panamax and 9/ton trucking etc would result in total cost maybe 50/ton
miners were obviously making a profit when iron was 10-14/ton til 2002-so that gives perspective
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