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

I think 35-40% of the 0-1mm 200k tons is iron chip

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Post# of 8059
Posted On: 05/08/2012 5:19:59 AM
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Posted By: microcaps
Re: grajekk #723

I think 35-40% of the 0-1mm 200k tons is iron chips to be pelletized-goes to China I guess and fertilizer could endup on going to China also-(would think U.S needs fertiizer also and they are still weighing various fertilizer options-anywhere from selling the trommel screened fert as is for as low as 90/ton to a JV w OMRI -in which case fert would go to Portland I guess and be trucked to OMRI's Eugene Oregon plant/distrubution center? and thus via processed fert via onsite at CWRN mine processing plant-sell for 330-550/ton---cheap Azomite fertlizer w  high bad silicon dioxide(65% if I remember) is only 1.7% iron and costs that much I think and SGS analysis of CWRN's fert is 55.55% iron-though I know there are other considerations/trace elenents)-- Bob said a while back thru his agent Bingo I believe-


but some of that 200k tons as you know has been previously said to be cement product, which is just TRUCKED-NOT shipped- to Cemex's Ensenada plant. Which is nice because that provides at least 1 product that doesnt depend on shipping games  and one of recent pics showed a truck heading to Cemex Ensenada plant w cement product, which helps pay the bills.


To have this much 0-1mm would seem to indicate a trememdous amount of the main product has been produced, for Bob once said 1-3mm is 30% of tha main product-and last reported there was 150k tons 1-3mm and sub 1mm trommel stuff is only 30% of 1-3mm I think was reported--so some 1-3mm has been shipped and mostly main product(by %) has been shipped-though I was surprised by the 4th order pic of the transgender 1-10mm 4th order(ca 24 k tons) pile.



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