i dont really know -they have to hit a moving target- price

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microcaps getmoreshares #7347
i dont really know -they have to hit a moving target- price was ca 130 one year ago -so only after price crashed ca last March would their plans for any type of beneficiation- whether pellets or not- have been hastened.

it takes planning and coordination w buyers as to what type of beneficiation they want and the particular demands of particular buyer furnaces- though pellets are much more uniform i believe and easier to match to a variety of furnaces.

given the long-term outlook for iron prices, unless Brad wants his huge concession empire to lie fruitless forever, he knows he will have to use some type of beneficiation- pellets or not- in this price environment- thats where the game is for middle players-

and most juniors cant play that game- but Brads empire is big enough to do so and thus compete w the big boys- especially w the big boys high over head/ high salaries/ high plant and railroad/port costs--

especially if Brad has continued a relationship w Bao- the only big Chinese steel producer that doesnt have its own domestic Chinese iron mines

Brad has spent many millions- maybe 20 million or more -could be much more -depends on how many in-holdings he bought outright from the surface landowner - creating the huge concession empire- so he's not just going to sit on his thumb- from the May 2013 PR I would estimate Brad has 10 million into CWRN alone

Re the dtc - I expected them - under pressure from Congress - to implement the due process of their own Nov 2013 whitepaper during the last election cycle but havent seen nor heard anything yet-hope Brad is following up on that w dtc approved lawyers

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