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

CWRN's 2  43.5 ton cat 740's- CATS (and worlds?)

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Post# of 8059
Posted On: 08/13/2012 12:15:06 PM
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Posted By: microcaps

CWRN's 2  43.5 ton cat 740's- CATS (and worlds?) largest articulated haulers in July I believe. Lots of things no doubt going on at mine. Rocket reported last week that trucking would probably commence this week -presumably for the ca 75k tons of.5-1mm sinter fines processed by the trommel. Sinter fines usually fetch ca 85% of regular ore.


Last we publicly heard the next ship was expected in August.


We also wait news on whether the govt has released the ca 45k tons currently at port -which remained after the Qin Hai left w 43829 tons June 12


While prices are  temporarily depressed I wonder whether they will then focus more on the ca 125 k tons of fertilizer processed by the trommel. CWRN previously reported an offer for 90/ton as is for the fertilizer. CWRN also previously reported a possible JV w OMRI the largest organic fertilizer distributor for an on site plant to further process fert  for a possible 330-550 /ton. So we await developments on that front also.


Meanwhile production continues(6-25-12 PR) as it has ever since fall of 2010 and the waste product resulting from that production continues to increase also-logic etc.





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