Posted On: 08/07/2013 10:31:55 AM
Post# of 8059
This mine across the road only started ca 2010 and closed shop 2011-not long enough to even go thru the prospecting ,surveying studies,trenching and drilling necessary for production
CWRN did have benefit of Cemex having done all those things- though CWRN still had to acquire all the equip and establish relationships w steel co's, trucking,suppliers,shipping experts (Sept 2011 PR/website) etc,
and then begin a program of deeper drill holes to begin to establish reserves-Sept 2011 and Apr 2012 PR's- until port games slowed that program until there could be a resolution of the port blockade-which was resolved when cwrn won its suit against the govt re ore at port
no other miner w 73 drill holes -not one dry- and this much inventory,and in a high profit industry,has this low of a market cap in relationship to company value-so when Brad follows thru with the financials sec reg statement,prospectus and dtc is thus removed and upgraded to current classification while we await the uplisting to OTCBB,a far larger group of investors will be able to see the value
CWRN did have benefit of Cemex having done all those things- though CWRN still had to acquire all the equip and establish relationships w steel co's, trucking,suppliers,shipping experts (Sept 2011 PR/website) etc,
and then begin a program of deeper drill holes to begin to establish reserves-Sept 2011 and Apr 2012 PR's- until port games slowed that program until there could be a resolution of the port blockade-which was resolved when cwrn won its suit against the govt re ore at port
no other miner w 73 drill holes -not one dry- and this much inventory,and in a high profit industry,has this low of a market cap in relationship to company value-so when Brad follows thru with the financials sec reg statement,prospectus and dtc is thus removed and upgraded to current classification while we await the uplisting to OTCBB,a far larger group of investors will be able to see the value
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