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

Posted sometime ago ,but repeated to show the rela

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Post# of 8059
Posted On: 09/04/2013 6:44:47 AM
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Posted By: microcaps
Posted sometime ago ,but repeated to show the relationships-The TBC ship is at the Cabotage pier for goods being transferred within Mexico and has a limiting depth of ca 12 meters-borderline for our ore ships anyway

directly across near the blue crane is the "office" pier -only 8.7 meters deep

the container ship is at the EIT terminal 1 -the only berth deep enough for our ships at 14.5 meters

CWRN ore is stored at far end of dock,which cuts it off from the port conveyor system- but bingo says the loading speed problem has been solved
the far end of dock needs to be widened and dredged to 14 meters-the maximum for a Panamax Ilia was rated at over 80,000 tons and had a depth of ca 13.7 meters when loaded w over 68000 tons of CWRN ore in May, in order to accommodate another ore berth. Given Mexicos finances and that the port has been planning that since at least 2008,
"I wont hold my breath" I think is the yankee expression.

Until then ore ships play musical chairs with container ships at the only berth that can serve them, as grajekk and I have been talking about.

As companies grow they often take control of the process from beginning to end- vertical integration - simplifying things by eliminating sometimes unreliable outside companies- like trucking and shipping- Navial reportedly has its own ship division, and in our case could  have their own ship loading station-which Navial has planned on for a long time but until now didnt have a producing and shipping mine to bring its own ship loading station to the fore.

Navial is private - a separate company from CWRN- Brad owns Navial and now the controlling interest in CWRN.  



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