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

Yea no kidding! And id like to get a better idea o

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Post# of 8059
Posted On: 09/14/2013 4:31:03 AM
Posted By: Kubi5
Re: Sunnybank #5062
Yea no kidding! And id like to get a better idea on how much magnetite is in solid form there vs. Mixed. Plus at what depths and such. Youve GOTTA think that a big part of the Bingo Hole area has been uncovered completely at this point. If not its coming soon. At that point its all about Mexico ketting us ship. Id be THRILLED to see us get out the 180k tons on the permit this year, and get a permit for 500,000 or 1,000,000tons next year. I think doing 500k should be extremely easy to do and it would provide enough cash flow to backstop everything, add a few new pieces of equipment in every category, and provide a rock solid year of financial statements that could/should set us up for the long haul. Its just not that complicated, which is why I love the business. Simple, but NOT easy. The difficult challenge may be figuring out where to store fert if we dont move a ton of it and it stays at half of our product. Id think the magma chamber would have entire sections thats Grade A though, being one big ball of iron. I wanna go down there and dredge on the river lol.


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