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

they had 3 screens running over 200k tons of 0-1mm

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Post# of 8059
Posted On: 12/31/2012 8:48:25 AM
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Posted By: microcaps
Re: grajekk #3129

they had 3 screens running over 200k tons of 0-1mm waste for sinter fines and fertilizer-see Apr 13,2012 and 6-25-12 PR's- running 7 days a week for awhile (bingos posts) -with intention to ship August (bingos posts) only apparently to find needed another export permit for the fertilizer in the midst of a bitterly fought Mexican Presidential election which was contested in the courts until Aug 30- so nothing was getting done in the govt re these things bingo reported Sept 8. CEO Shirley reported fert permit was expected early Nov


The heavily customized trommel (lower left background w 3 rear axles) and the terex 400 for loading it etc were received May 19 and the separate magnetic separator for the trommel was received July 3-see PR's and bingos posts.


Being able to process the waste of the waste-which has a sale price greatly exceeding CWRN's cost of production to date-see trommel calcs in stickies-shows important maturation of the mine. With each ship and or paid order additional critical acquired equipment allowed them to process and sell additional products in the line of production,thus lowering cost of production to negative cost of production once some of these 200k plus tons of 0-1mm products are sold.





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