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  4. Cotton & Western Mining Inc. (CWRN) Message Board

Wow, that is indeed 1 smart dog-better put a secur

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Post# of 8059
Posted On: 03/28/2012 3:44:49 PM
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Posted By: microcaps
Re: Bingo #210

Wow, that is indeed 1 smart dog-better put a security detail on him.


Is the company still planning on uplisting to OTCBB as foretold by the May 26, 2011 PR and emails from the CEO-that investors relied on to buy in the runup etc and are therefore out of dry powder and sitting at a sometimes small fraction of investment?


Considering the vast expansion of the mine and vast expansion of assumed reserves due to drill holes 69-71 TSX would probably be a sideways move, but are there any plans to pursue a NI 43-101 type estimate--which I assume would be helpful as per negotiations w possible investment partners? I really have no idea how much drilling cost/foot there but I assume if an NI 43-101 compliant estimate was a goal the drills would have continued running til they ran dry-though that type of drill may have had limitations as to depth. I understand the main immediate goal was to determine depth w a view to the profitability of removing overburden.


Good to hear there are other possible investment "partners" in the works to speed up equipment/production- since the Chinese are very tough negotiaters and might need some serious competition to spur them on to a realistic deal.


Sure would be nice to simplify those logisctics-to know buyers specs up front and simplify bidding/shipping and even trucking-having a better estimate when trucks would be needed and thus improve truck availability.



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