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Cotton & Western Mining In CWRN
Posted On: 06/22/2013 11:31:55 AM
Post# of 8059
Posted By: grajekk

Here's a thought to ponder.. Do you suppose that between the CWRN reserves and the reserves owned by our new owners, there might be enough iron ore in the area, for the Bao Steel concentrator plant to come up for discussion again and maybe reality. There certainly didn't seem to be a shortage of iron outcroppings in the pictures we used to get.. I just hope they jump start this deal before I seriously have to start looking at my Bucket List..  Bao and other big steel companies could keep us on the back burner if Tinto and BHP don't tighten the noose on iron prices, again one of these days..  I see Fortesque is in a pinch because of the low prices.. They are still trying to pay off the railroad they had to build to ship the ore to the coast..


Have a great weekend folks..


 














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