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

You probably already know these things but for the

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Post# of 8059
Posted On: 01/24/2013 4:37:00 PM
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Posted By: microcaps
Re: iggyman555 #3296

You probably already know these things but for the benefit of some, the low was Dec 26-tax loss selling hurt badly in November/December,especially with permit games delaying shipping


but buying increased BEFORE tax loss selling ended,perhaps due to recognition of how undervalued this is-even without cement revenue stream,the income to date should be ca 12 million I estimate based on publicly available spot and publicly available costs,which should translate to a pps of several cents,given SOP in pennies.


Cement revenue stream was previously publicly reported by CWRN or its agent(s) as paying much of the overhead. So how much would that be grajekk? Bingo publicly reported the amount for fuel alone,so cement net income, if it has continued all this time, could be well over a million-may have to take a shot at figuring that if our equipment expert grajekk doesnt beat me to the punch


And with possibly near 100 million in inventory at sale prices (goes on books at cost until sold), no matter how much the inventory, it greatly exceeds market cap


with sale of waste byproducts of fertilizer and .5-1mm sinter fines sure to give CWRN a negative cost of production,perhaps some finally said why not?
over 200k tons of such byproducts(see bingos posts) w a sale price of ca 20 million, without doing the math again,see my posts below and bingos posts


or perhaps due to some action by the company or somebody associated with the company-they have PR'd about buyback a couple times-e.g 2-28-11? and have PR'd that they would NOT announce buyback before it began-it would not take much buyback to influence pps at volumes we've experienced-and at these ridiculously low prices why not?


Normally companies buy back when pps is so low for other reasons also-e.g.,to prevent hostile parties or potential hostiles from acquiring a significant position in a company



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