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Cotton & Western Mining In CWRN
Posted On: 08/15/2012 3:51:53 AM
Post# of 8059
Posted By: grajekk
Re: grajekk #2271

You would never have to worry about the Chinese and Australian players jacking the iron ore prices around again from CWRN's standpoint.. Then when the Chinese are paying premium prices for ore, we could ship to them again on the side, but with a local steel plant we would have a steady buyer and the prices probably wouldn't fluctuate much. Plus CWRN would probably become a buyout target early on, if a steel plant proposal is made for northern Baja. You can bet your boots it would be for more than $5/ton proven reserves.


Shirley.. you should probably call U.S. Steel and let them know there is a huge opportunity in northern Mexico! Let's do something even if it's wrong!!  Good wine by the way!!! LOL!














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