Sunday, July 03, 2011 2:48:45 PM
It's obvious that Cotton has dramatically improved his trucking logistics. Yesterday, it seemed like there was a CorreCaminos truck either coming or going through town every 15 minutes!
Cotton must have kicked his trucker where it hurts. ATTABOY!!!
The rumor is that the 2nd ship (a Handymax) will begin loading at EIT on July 25th, and at this trucking rate, this time there will be enough at the port to fill it without delays.
More importantly, I was told (by one of his employees)that they have uncovered the best vein yet of solid Magnetite, and the only delay in production is that they haven't yet got their blasting permit approved. He said that is expected within a couple of weeks, which will allow them to Double or Triple their production of Lump Ore.
So, I am pleased to report that (although it took a while longer than I had expected) it definitely appears that they have worked out many of the "kinks" that I originally expected, and should have much smoother sailing ahead.
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