I wouldnt be surprised if they tried but you might
Post# of 8054
they started trucking for 3rd ship on aug 24 ,2011 ore that apparently went to bao
at same time-after 2nd ship loreto left aug 7 2011,the jv fell apart and geo was barred from the mine
sept 2011 pr shows new ship facilitator and forecast new series of deeper drill holes - our friend Mr Zhao -Pres of Bao Brazil personally watched over-pics- so relationship w bao,
nov 2011 vice chair of parent Bao China visits-a Chinese god like that doesnt leave China imo just for a long term contract -which Mr Zhao was perfectly capable of handling
CWRN didnt say a word to me but i could tell bob wasnt ready to sell- after many years he finally had his mine and relay posted "I'm a miner " in early 2012?
after usual delays- desperate to get a ship before xmas vacation of 2011 ship was set for 12-21-11 but govt prematurely cancelled permits statewide either due to illegal mines or because govt goes to sleep after dec 15 (bingo) for a month siesta even though its the coolest time of the year -my people and the people who built america worked until they dropped-get a clue mexico
then in 2012 added extra audits w env and other agencies which took til mar 6 to finish
due to these govt delays ore had been at port over 90 days so govt said they were confiscating the ore
so cwrn had to sue the govt -so Bao had been waiting for its ore from dec 2011 until CWRN won that suit and 68069 tons ore shipped on the 80256 ton monster Panamax Ilia May 2013
since then Brad has been in charge and what he's doing re shipping is a mystery- thats why i looked up the 100 richest canadians- he has a monster 1.2 million acre empire that he doesnt seem to be in a rush to exploit- does he have so much money he can afford for the ore to sit forever on the gambling chance that ore prices will recover when, if the big 4 have their way, they wont recover
no matter what transition problems he may have w cwrn he apparently hasnt shipped from navial properties either
he had a NI 43-101 on some Navial property in 2010 courtesy of madflight, and a strange jv w mayan/rift which obviously didnt have the money to mine and thus rift pulled out
and we saw pic of incipient mining activity on navial property bordering cwrn
but hes been founder/ceo of navial since 1998 and missing out on the historically high iron prices from 2008 to today
iron was only 10-14/ton til 2002!!!! so why isnt brad taking advantage of what is still historically high iron price ????
the billion dollar question
only answer i've been logically able to conjure is he built this empire to sell to the big boys