Cotton & Western Mining Inc. (CWRN)

[ImOnABoat]

EVOLUTION OF THE ARGUMENT AGAINST CWRN

A curious progression of the failure-predicting claims made in the course of the past year. All of these topics have been covered extensively on this board, few of these have any merit, none of these will be an obstruction to the first shipment in January.

1) CWRN has no intention to do anything but sell shares.

2) The company has no necessary permits.

3) CWRN has no money.

4) CWRN has no mining equipment.

5) Oops. The pictures of the equipment appear, but they are staged.

6) There hasn't been any exploratory drilling.

7) Oops. The pictures proving the drilling appear, but it was not the correct type of drilling.

8) There is not enough trucks in Baja to deliver iron to the port.

9) The roads in Ensenada are too bad, and the port is too far.

10) The company's trucks will be harassed by the federal authorities.

11) The company's trucks will be harassed by drug cartels.

12) The trucks will create potholes in the roads (that are supposedly already bad), annoy the citizens, the gov't may shut CWRN down.

13) Ensenada does not have a suitable port.

14) The port might be suitable after all, but it will take dredging more than a year to complete.

15) There is no magnetic separator to clean up the shipment.

16) The company had missed several deadlines.

17) The company had a project in the past that was not successful.

18) The shipping costs will be too high, the company will not make that much money.

19) The mine has a lot of iron ore on the surface only, there is no iron below.

20) (This one is deja vu) Even though CWRN is in full production with 17 pieces of heavy equipment crushing iron and raising dust on site right now, they probably still do not have the permit to do this.

21) ?

As this list keeps getting longer and longer, the piles of iron ore on CWRN Baja 14 site keep getting larger and larger. That's all there is to it...