Cotton & Western Mining Inc. (CWRN)

[Sunnybank]

Funny... CWRN gets pinged on for their "paltry" performance, yet GT last shipped nearly a year and a half ago, thanks to CWRN and Baja 14. I wonder how that CWRN JV is going for them, LMAO.

While in the exploration stage, our primary focus is to procure iron ore in Mexico and sell the ore to buyers in China and, ultimately, elsewhere in the world. We possess certain mining rights and joint ventures that allow us to procure ore for resale. The company has completed four shipments of ore depicted below. Dollar amounts are per ton.

? April 2, 2011: 38,212 MTS High Grade Lump – Mined @ $50 / Transport @ $10.50 / Port Fee @ $7.50 / FOB $85.00 / Sold at CIF


? September 4, 2011: 36,001 MTS High Grade Lump – Mined @ $50 / Transport @ $10.50 / Port Fee @ $7.50 / FOB $87.00 / Sold at CIF


? February 25, 2013: 33,282 MTS High Grade Lump – Mined @ $55 / Transport @ $12.00 / Port Fee @ $10.00 / FOB $87.00 / Sold at FOB


? May 9, 2013: 47,955 MTS Low Grade Lump – Mined @ $47 / Transport @ $12.00 / Port Fee @ $10.00 / FOB $82.00 / Sold at FOB