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Cotton & Western Mining In CWRN
Posted On: 10/04/2012 1:31:55 AM
Post# of 8059
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Posted By: microcaps
Re: microcaps #2587

Some of the processed inventory-I tried to calculate the amount of inventory in July but didnt have enough info-based on historical ratios between 3-18mm and 1-3mm and 0-1 mm there would have been 2.2 million tons of inventory!!!!
but I knew there couldnt be that much and the ratios must have changed dramatically as have the operations, as the mine has grown dramatically since production began and since they acquired the 1st 68 drill hole results in May 2011-which led them to concentrate on the veins-which led to the huge expansion in area and equipment. So, although 500k tons may sound like a lot I try to be conservative and have questioned the pumpers who have come and gone.


The paved secondary highway bordering the mine is seen in the background along w the entrance to the mine-the gate etc is just outside the view to the left















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