For us, what matters is the big boys still self destructively push supply to push prices down to gain greater market share at the expense of profit,
e.g., whereas before somebody might have 100M tons at 150 ton = $15B (the amount of extra taxes Brazil was trying to extract from iron giant Vale for years,they might have 125M tons at 50 = $6.25B
this insanity might only end when the big boys stockholders revolt- big boys should know better- China defacto dictated prices as a monopolistic buyer to big boys until the contract and spot price open market regimen began ca 2008-2009
other analysts have pointed out the foolishness of those big boys approach and so far big boys attempts to eliminate significant domestic chinese production has had limited success due to vertical chinese integration (except for Bao,Chinese steelmakers own their own chinese iron mines,averaging 15-20% iron, and are willing to subsidize them) but it seems not to have had any effect on the big boys maniacal approach
whereas Saudi Arabia's pushing of oil supply to gain greater market share and eliminate USA shale production has had devastating consequences for Russia's economy and has greatly slowed new USA shale production (which peaked in April as per1 article)
so, despite baja 14 being selected as the lowest cost doable mine Bob Sharon Bullitt could find on several continents,including ca 30 iron deposits in Mexico- thus CWRN said in 2009 they could profit at 45/ton, we still need to pursue:
1) some type of beneficiation to allow use of lower vein ore etc- this includes pellets- in a 1990's report i posted here well over 90% of USA iron had beneficiation- much of it required it due to high-over 49% levels- of bad minerals- baja 14 reportedly has low levels of bad minerals-we've posted the analysis
pelleted ore brings much higher prices
2) pursue the rapidly growing organic fert market,esp on the USA west coast because, UNLIKE USA iron,CWRN's fert iron byproduct was reported as having great potential as fert-better than the low iron (1.73% if memory serves?) azomite fert from utah and some CWRN iron might have been sold as fert- again this requires utilizing OMRI's clearinghouse directory of fert processors and buyers etc- talk/network
3) Chinese steelmakers are still buying- i havent checked but the huge push in supply indicates they are buying more now than several years ago -talk with/network with them
4) utilize specialty markets I've talked about
5) the ultimate might be a steel mill utilizing the 1st west coast nat gas facility of its kind just miles N of Ensenada for energy supply- a large USA iron recycling co uses electric iron furnaces -brad or his spokesperson indicated a steel mill option and the beneficiation pellet option was being pursued w investors
6) due to the extent possible, utilize the substantial premiums for lump ore now available
7)get cracking w DTC's 2013 due process whitepapers (reportedly under pressure from congress to lend some due process) to get the apparently unfair chill removed -CWRN was afforded no due process and was not even notified of the chill beforehand resulting from a boca raton oppenheimer broker selling maybe 8400 of restricted stock before its time in june 2009-penalizing innocent third party stock holders via a politically motivated agenda to shut down business (since a politician reportedly gave unconstitutional orders to agencies to attack these pennies decided business was evil -saw the sympathetic liberal documentary myself- and had to be stopped-but found out he couldnt do anything re big business, so he went against these small businesses w a vengeance-thus the 1000's of pennies restricted without notice since late 2009-an unconstitutional in violation of every rule of law against innocent 3rd party purchasers (longs) hybrid private/public taking never been seen before nor could it be contemplated-which makes watergate look like an afternoon tea party-but hes so far gotten away with it in the twilight zone we'v experienced since 2009
that politician will lose his office in the next national elections unless martial law is declared 1st-which some think might happen because of an exec order ca 2 years ago which gives (in violation of the constitution) the right to declare martial law without congressional oversight-the definition of a dictatorship)
the incredible open violations of the constitution now being ignored on a scale never before seen,coupled w his vengeance against penny stocks,reminds me of insane Antiochus Epiphanes (a type of the antichrist-Oprah said years ago she thought hitler was the antichrist) vengeance against Jerusalem and the holy people after a Roman general told Antiochus to cease his invasion against Eqypt-(Dan,ch 8 and 11)
CWRN only had one issuance -a small one ca 12-26-08- that could have been involved -but CWRN reportedly issued no CEO or attorney opinion letters certifying that restricted stock could now be sold -thats where most such restricted stock problems lie because agencies often disagree w those certifications
reportedly CWRN did not even have any restricted stock at the time of the oppenheimer incident!!!
the previous co (prior to 2006) that owned the CWRN legal structure was coincidentally located in Boca Raton-a noted hotbed of suspicious activity-so 1 theory is that some principal of that previous legal entity-still holding and having been reversed multiple times-might have exchanged his still restricted?? stock (why would it still be restricted-because airlinks never issued an opinion letter unrestricting airlinks stock?) w the transfer agent for CWRN stock
the Boca Raton coincidence is interesting-at any rate previous management had no idea where the restricted stock came from and dd proves no such was issued for any promo etc and not one CWRN issuance of restricted stock can be proven from the forms-e.g the 12-26-08 issuance form does not indicate it was restricted
http://email.seekingalpha.com/track?type=clic...&ifp=0
e.g., whereas before somebody might have 100M tons at 150 ton = $15B (the amount of extra taxes Brazil was trying to extract from iron giant Vale for years,they might have 125M tons at 50 = $6.25B
this insanity might only end when the big boys stockholders revolt- big boys should know better- China defacto dictated prices as a monopolistic buyer to big boys until the contract and spot price open market regimen began ca 2008-2009
other analysts have pointed out the foolishness of those big boys approach and so far big boys attempts to eliminate significant domestic chinese production has had limited success due to vertical chinese integration (except for Bao,Chinese steelmakers own their own chinese iron mines,averaging 15-20% iron, and are willing to subsidize them) but it seems not to have had any effect on the big boys maniacal approach
whereas Saudi Arabia's pushing of oil supply to gain greater market share and eliminate USA shale production has had devastating consequences for Russia's economy and has greatly slowed new USA shale production (which peaked in April as per1 article)
so, despite baja 14 being selected as the lowest cost doable mine Bob Sharon Bullitt could find on several continents,including ca 30 iron deposits in Mexico- thus CWRN said in 2009 they could profit at 45/ton, we still need to pursue:
1) some type of beneficiation to allow use of lower vein ore etc- this includes pellets- in a 1990's report i posted here well over 90% of USA iron had beneficiation- much of it required it due to high-over 49% levels- of bad minerals- baja 14 reportedly has low levels of bad minerals-we've posted the analysis
pelleted ore brings much higher prices
2) pursue the rapidly growing organic fert market,esp on the USA west coast because, UNLIKE USA iron,CWRN's fert iron byproduct was reported as having great potential as fert-better than the low iron (1.73% if memory serves?) azomite fert from utah and some CWRN iron might have been sold as fert- again this requires utilizing OMRI's clearinghouse directory of fert processors and buyers etc- talk/network
3) Chinese steelmakers are still buying- i havent checked but the huge push in supply indicates they are buying more now than several years ago -talk with/network with them
4) utilize specialty markets I've talked about
5) the ultimate might be a steel mill utilizing the 1st west coast nat gas facility of its kind just miles N of Ensenada for energy supply- a large USA iron recycling co uses electric iron furnaces -brad or his spokesperson indicated a steel mill option and the beneficiation pellet option was being pursued w investors
6) due to the extent possible, utilize the substantial premiums for lump ore now available
7)get cracking w DTC's 2013 due process whitepapers (reportedly under pressure from congress to lend some due process) to get the apparently unfair chill removed -CWRN was afforded no due process and was not even notified of the chill beforehand resulting from a boca raton oppenheimer broker selling maybe 8400 of restricted stock before its time in june 2009-penalizing innocent third party stock holders via a politically motivated agenda to shut down business (since a politician reportedly gave unconstitutional orders to agencies to attack these pennies decided business was evil -saw the sympathetic liberal documentary myself- and had to be stopped-but found out he couldnt do anything re big business, so he went against these small businesses w a vengeance-thus the 1000's of pennies restricted without notice since late 2009-an unconstitutional in violation of every rule of law against innocent 3rd party purchasers (longs) hybrid private/public taking never been seen before nor could it be contemplated-which makes watergate look like an afternoon tea party-but hes so far gotten away with it in the twilight zone we'v experienced since 2009
that politician will lose his office in the next national elections unless martial law is declared 1st-which some think might happen because of an exec order ca 2 years ago which gives (in violation of the constitution) the right to declare martial law without congressional oversight-the definition of a dictatorship)
the incredible open violations of the constitution now being ignored on a scale never before seen,coupled w his vengeance against penny stocks,reminds me of insane Antiochus Epiphanes (a type of the antichrist-Oprah said years ago she thought hitler was the antichrist) vengeance against Jerusalem and the holy people after a Roman general told Antiochus to cease his invasion against Eqypt-(Dan,ch 8 and 11)
CWRN only had one issuance -a small one ca 12-26-08- that could have been involved -but CWRN reportedly issued no CEO or attorney opinion letters certifying that restricted stock could now be sold -thats where most such restricted stock problems lie because agencies often disagree w those certifications
reportedly CWRN did not even have any restricted stock at the time of the oppenheimer incident!!!
the previous co (prior to 2006) that owned the CWRN legal structure was coincidentally located in Boca Raton-a noted hotbed of suspicious activity-so 1 theory is that some principal of that previous legal entity-still holding and having been reversed multiple times-might have exchanged his still restricted?? stock (why would it still be restricted-because airlinks never issued an opinion letter unrestricting airlinks stock?) w the transfer agent for CWRN stock
the Boca Raton coincidence is interesting-at any rate previous management had no idea where the restricted stock came from and dd proves no such was issued for any promo etc and not one CWRN issuance of restricted stock can be proven from the forms-e.g the 12-26-08 issuance form does not indicate it was restricted
http://email.seekingalpha.com/track?type=clic...&ifp=0
