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How can they leave port when the company does not have an exporting license? Are they on go-fast boats?
We can’t know everything about Bobs’ private life but we should know everything there is to know about CWRN as a company. Bob is an individual and as such he deserves privacy. However, CWRN is a publicly traded company and because it is everything about them should be public which means we should know all of the businesses business. However, I hear more about Bob, his hat, his yard dog, and even his military service than I do about gross revenue, profit before taxes, and profit gross margin, let alone all of the other financial data that we should have been provided by now. Now some will banter back that not every company provides this on time but I say to that, “This is unacceptable and just plain wrong.” Every publicly traded company does provide financial information, even in tough times and those are the facts no matter how a pumper wants to spin them. Additionally, how can a company whose sole source of income is based on the exportation of material be without an exporting license? How do they expect to get the Iron Ore out of the country? Will they utilize the illegal Mexican drug smuggling mines? I mean get real here, what is the plan? This is like buying a plane but not having a pilot’s license, what good is any of it? I have asked several times my fellow stock traders here to answer the questions I propose but I have not received any infallible answers other than the pat response of dud your dd or it has already been told here but in all honesty we know the answers have not been provided so please someone provide them or acknowledge that they can’t. The falling share price backs up my stance, what do other CWRN investors have to back up theirs?
With all due respect, did I just read that accountability to CWRN shareholders is not needed from this company? Really? I mean really? And I also read in another post how people believe that the denial of exporting permits will put thousands out of work, thousands? Really? Come on, this company may employ ten people at most and that is if they are actually in full swing. However, the real concern here is “How can a company whose only source of revenue would be exporting Iron Ore allow themselves to be void of exporting permits?” This is actually a worse issue than no audited financials or having the CE still in effect. This effectively means that they cannot export anything from out of the country. This begs the question to others, “Why are trucks trucking and ships waiting in the harbor if this company has no exporting permit?” Lastly, I read that someone thinks that the stock price not rising is a good thing, how in anyone’s investor world can a stock not rising be a good thing? Does anyone have a way forward for this company? All I have seen has raised additional concerns, where is the light at the end of this mine? Welcoem to the party MJAM, I don't think we have met on this board...
With all due respect Bali, it has been discussed but never truly answered nd resolved. With all due respect, people keep throwing the term ‘ fundamentals’ around and when I asked what has been fundamentally provided all I got was the same pat answer., “It has already been stated here ten times do your own dd.” However, in doing due-due diligence I cannot locate anything that is considered a legitimate fundamental having been provided by this company I nth4e last year or two. I understand that some people take hearsay as word but for me that is not the case, I want unobjectionable evidence and so far I have not seen it. People keep saying there is revenue being generated but how can we tell without an audited balance sheet or financial statement? People keep saying trucking and shipping have occurred but these are expenses and not revenue so what benefit is this? The facts are the facts, there are no new financials being provided as needed. The CE is still not removed. And there has been no guidance provided by the company. Sure we can all speculate but to talk of speculation as fact is nothing more than potential boiler room behavior and I don’t think that benefits any of us. Instead, I believe we need to rally more support for company transparency, is there any problem with that? Don’t you think some transparency and accountability will benefit us all? So let’s stop arguing amongst ourselves and instead seek to compel the company to do what they should be doing, unless some here have some other agenda here and they are the real subversive shorties just feeding off of all the rest of us.
I understand Bali but fundamentals are exactly what is missing here unless I have missed something. We have no fudnamental audited financials, no fundmaental plan forward to remove the CE, and no fundamental guidance. So, if people expect this stock to move on fundamentals then please tell me what fundamentals since this company is not reporting anything laterly? I udnerstand the concept but it is in stark contrast to the reality of what CWRN management has provided recently. Thee have been no fundamentals provided so forgive me if I am skeptical....
I hear you rocket, loud and clear, I think I understand but for all the nay-sayers in here, please tell them when the audited financials and CE removal will occur. I agree with you, if everything is on the up and up then this is greatly undervalued but it is up to management to prove this company is legit and not read yto quit. I want to see some real action occur witin the next week or tow to build on momentum. Come on CWRN management, give us the audited financials and remove the CE, show us jsut how legit you are........
I am glad the CWRN shareholders here are turning positive and think the good news is coming. However, I must say that we need to be positive with a caveat. I am interested that you think a PR is coming real soon, I have been hearing that for months? What makes you think a new one is coming and what will it say? How do you know this, have you seen a Pre-PR PR release? We already know about supposed trucking, shipments, etc…what new can be said? Additionally, I am concerned about the low volume, 55 thou for a pinkie is very troublesome, especially one this cheap. I bet several of us have this much in our change collectors so what gives? Where is the buy up in momentum I read about here yesterday? If this stock is going to bounce back then we definitely need some new and positive news and not same old rehash.
Not seen i na while. Evr notic three are nto may pictures of actual workers posted for CWRN, its always equipment or piles, where are the workers? Hmmm, makes me really suspicious.....
I rememeber just as much excitement when peeps were accumulating in the 7's and 6's so why should I trust this hype in the 4's? How many of you shareholders are selling? Someone has ot be selling in order for someone else to be buying, could it be Bob unloading o nthe way up and geting ready to parachute out?
With all due respect to the Euphoria in the room, If this stock keeps rising like this then by this time next year we will almost be back to where we were several months ago. If this is a rocket ship then I would hate to see a slow boat to China…I recall lots of positive spin in the 6’s so what can be positive here in the mid to low 4’s? Nothing fundamentally has changed has it? Is there something I am missing? We cannot allow ownership to let us become complacent, stockholders should demand profits and rising stock prices and not be satisfied with a little morsel and crumb which gets most to only half their losses, which is not profit no matter what paid pumpers will tell you. So while aI appreciate the slight tick up I am still concerned that nothing has changed for the fundamentals and this stock and company is still in trouble. If I am missing some legitimate news then please tell me, not hypoe IMO’s or forecasts but real provable news.
With all due respect Kubs, are you sayign that Bob is profitable even though CWRN has not shown to be? How is that? Is Bob selling to make money here? How do you know he is profitable? Additionally, why would you wnatto own stock and have it go down? No one buys hoping the stock goes down do they? Where is the logic? I have never bought one stock and thought to myself, I sure hope this tanks? Where is the true investing logic? I jsut don't udnerstand so please epxlain it to us as many here probaly have the same questions? i just don't udnerstand, am I alone?
Honesty and common sense are what is keeping bob from doign what he needs to do for CWRN shareholders. Can anyone tell me the last time this company generated revenue? If so, please provide me the financial reports or details. Additionally, how are the trucks and miners getting paid? Isn’t three some form of financial record? If so, why hasn’t this been produced? What is going on here? A business cannot be ran without having financial reports and records so why can’t this company produce them? Or are they so busy suppressing the PPs so they, and many of us, can buy cheap shares rather than have the shares go up which would make us all much more money.
This sounds liek a swell idea for all of you new, or ptential CWRN shareholders. I know some people who used to sell Amway and they always talked about doing the same thing at their get togethers where they actually recruited more people to the company and they got a small part of everything these people sold, who then got some from those udner them, and then some under them, and so on, and so on. Does this sound familiar and similar? Make me say, Hmmmmmm.
With all due respect to both sides of the recent CWRN stock discussion, Positive news backed by reliable sources makes a stocks 30 and 60 day trend move upward. However, bad business practices and failed actions make a stocks price trend downward. It is just this simple no matter how much pump or dump is attempted, the truth wins out. On both sides of recent discussions we have arbiters, but what we don’t have are actionable facts and details. Sure we have Imo’s, and forecasts, and even some pictures, but what we don’t have are proof of actions, proof that forecasts have been met, and video or images of actual work occurring on site and not of still images of dirt and machinery. To alleviate the naysayers, CWRN needs to immediately, despite having several months already, provide audited financials; it is not as hard as some would have you believe. Secondly, no matter what is said, the CE must be removed. After these two steps ,the company then needs to provide guidance, there should be a quarterly report provided as well as a prospectus of how the company is doing and what the future looks like. These last two items get provided by even the worst of operating companies which are being legitimately run so producing this information to shareholders is a must for the sake of legitimacy. Lastly, it must be stated that most here have bought because they feel strongly about the company, reading that this person or that person picked up another so many shares have never motivated anyone to buy and it actually does the opposite, it makes potential newbies to the stock feel nervous and trepidation, list is an oversell tactic that need to end and it does no one a service here, it is actually a disservice. Additionally, buying o nthe way down never makes sense because who takes advice from someone who buys high and can only sell low, when people research and see old posts where peeps say they accumulated in the 7’s. 6’s, 5’s, 4’s brings up thoughts of how much equity has been lost by the buyer because his buys at 7’s are not even worth half of what he paid so this is not inspirational and only makes the waters muddy.
Going forward, really? I mean really? Have you looked at the last months chart? I mean come on, really? These are some interesting ideas and thoughts but I cannot believe any CEO would run his company into the ground to do a cheap buyback, and if so I think they would be under legal watch soon. I also do not believe there are conspiracies out there against this company; this companys’ PPS has fallen due to lack of business professionalism and legitimate legal business progress. Additionally, there is someone out there selling shares to what little buyers there are, how do we know it is not Bob unloading all the way down until he parachutes out? Do you think he would tell any of us? Again, I appreciate your replies but still there are no hard fact truthful answers to my questions and it is the non-answering of these questions that has driven the PPS down. With all due respect to the contributors of our ongoing recent discussions, I still have not seen a definitive answer as to how many trucks are involved in the transportation supposedly going on from the site and if these trucks have been transporting iron ore for several months, as has been previously stated here, how are the shipments being paid for? These truckers have to be paid and have energy expenses. Additionally, if the ore is being loaded on a boat from these one, or many, trucks then when and where is the boat headed? I have not heard of any deals being made to have the ore purchased and I have not seen any revenue being generated by sales of the ore. Also, a boat is only in port two to three days, they have to be transporting to make money so how can this one boat be in port for several months without shipping out? I also wonder who is paying for this boat to just sit there because this is not cheap. This also brings up the question as to audited financials. How is this operation running without proper business documentation? Even in Latin America companies have to keep paperwork and legal documents and financials and the fact that this company, or people here speaking for the company, say that audited financials are not available is unacceptable at this time and is a major caveat to future investors.
With all due respect to the contributors of our ongoing recent discussions, I still have not seen a definitive answer as to how many trucks are involved in the transportation supposedly going on from the site and if these trucks have been transporting iron ore for several months, as has been previously stated here, how are the shipments being paid for? These truckers have to be paid and have energy expenses. Additionally, if the ore is being loaded on a boat from these one, or many, trucks then when and where is the boat headed? I have not heard of any deals being made to have the ore purchased and I have not seen any revenue being generated by sales of the ore. Also, a boat is only in port two to three days, they have to be transporting to make money so how can this one boat be in port for several months without shipping out? I also wonder who is paying for this boat to just sit there because this is not cheap. This also brings up the question as to audited financials. How is this operation running without proper business documentation? Even in Latin America companies have to keep paperwork and legal documents and financials and the fact that this company, or people here speaking for the company, say that audited financials are not available is unacceptable at this time and is a major caveat to future investors. In regards to pictures of the mining and equipment, I keep hearing that these are verified but by whom? Nameless and faceless posters in a chat room? Forgive me if I don’t mortgage my future on what Sharkboy and Lavagirl say and I don’t want to take Einstein and Kudiesacks word when I do not have any idea of whom these individuals are, pumpers and bashers never come out and tell you who they are so how do we know whom is legit here and not because the best subversives try to fit right in. Lastly, quit saying these questions have been answered several times because they have not but rather they get the same response, “Already answered 100’s, 1000’s of times already.” And in truth the questions have not been answered. I look forward to having my legitimate concerns answered by detail and not IMO’s or ‘ already answered’ responses. Please provide me proof so that concerned investors concerns are alleviated. I see that some think there is some force trying to drive this stock down, I believe I know what it is, the truth, the truth about this company is what is driving this stock down and the fact that many have the same unanswered questions I do is the reason the stock price is going lower and lower, the proof on my side is the share price, it correlates perfectly with my concerns so I ask for anyone to tell me if I am wrong and prove it by correlating their proof with share prices, true investors are not moved by IMO’s but fact and my side of the discussion is backed up by the falling share price, what do you guys have?
Conspiracy theories, really, is this what it has become in here? I think we all know wh yCWRN is havign trouble and what needs ot be done to right the ship, but conspiracy theories, I think not.
Healthy discussion is good. Again to the fellow shareholders and concerned viewers, the messenger takes hits but no real answers. I have been reading about trucks for the last six months and yet only two boats, how many loads can these boats wait for before they have to ship, are they there for Bob’s personal use? How long can he be loading these boats for, don’t the boats have to leave sometime? Sure the trucks are going to Port Ensenada, but they have been for the past six months, when will they ever get there, and when will the so-called boat in waiting fill up? And btw, just how many trucks have there been, one truck of ore is not worth all that much and trucking is expensive, does he have fleets of trucks? Or are you guys talking about one truck that keeps going back and forth? You have been saying trucking is occurring for some time now so just how many trucks are we talking? Secondly, as shareholders we should know where the ore is being sold, that is usually provided in quarterly reports and prospectus, even minor companies mail those out, so for those who say that we should not know they are misled, or misleading. And in regards t to the “ It has been posted here thousands of times.”, well no it has not, all you guys that say this post statements that questions have already been answered but in truth they have not or else this stock would not be trending down but upwards. In regards to buying as the price drops, I can’t agree this is good investing, why not wait till it hits bottom then buy all you can? Seems to me you could be buying a lot more right now at these bottom basement prices if you were not buying on the way down but maybe that’s just logic speaking. And in regards to the financials, here is a simple lesson, Assets – Liabilities = Owners equity, from there it’s all easy so when you say there are reasons why the financials are taking soo long I say no way, can’t happen, balance sheets and cash flow statements are easy to create and anyone who says to the contrary knows not what they are saying. However, maybe something in the equation is missing, like Assets maybe? So again, I defer back to my original questions which contrary to popular belief have not been answered.
Aggain, with all due respect, why are people buying more? I seen that you bought more, or so you said, in the high 7's. then 6's, then 5's, and now more here, can I ask why? We all know that stocks are not bouncing balls and what goes down does not come up nessecarily, so why are you accumulating? Is it on pure speculation? I ask becasue yo useem to be buyign a lot and the stock is headed down on a steep downward trend so I want to try and udnerstand your logic so that you can help me, and others, out. I would liek to ask all accumulators, or those who say they are, why are you buying when the stock is trending down and no news of significance is being offered? And remember, we know not that people sho say they are accumulating are accumulating no more than we know what Bob is really doing and why this stock is headed downward at this time.
With all due respect to those who have attempted to answer but I feel have not answer my direct questions I will again ask in simplified terms. To begin with, if shipping has started, where are the ships going to? What is the destination and why? I have not heard of any realized revenue being generated so where is the destination and proof of delivery and receivership? Secondly, I keep hearing that trucking has started but where are the trucks going? If trucking started months ago as I have read here several times then where are the trucks driving to? There are no North American buyers I am aware of so the trucks are not driving direct to a North American location and it can’t take this long to get to a port so where exactly are the trucks driving to and for what reason? As previously stated there are no current buyers of this ore so why would it be trucked anywhere? Thirdly, I keep reading repeatedly that it takes time to get the financials in order but as someone with a business degree I can assure you that any college kid can throw a balance sheet and cash flow statement together in hours and considering this company is not generating a lot of revenue from multiple sources it should be a very simple task. The fact that audited financials have not been provided should not be dismissed as easily as I see people here doing. Lastly, It is unnerving to see posters just throw out statements saying they picked up another 20 thou, or 40 thou, without giving a good reason as to why they are accumulating when this stock is trending downward steeply, do they know something none of us here do? And as an FYI, photos and hearsay are not factual and to rely on pictures by anonymous posters is not fact based enough for most and to disavow that these could be photo-shopped or actually of a mine somewhere else is not out of the realm of impossibility and should not so easily be dismissed. I look forward to your considered responses.
Bali, you and Money make some interesting points but I have to stick to my gut here and ask again as to why there are no audited financials being provided to shareholders, this is not a common business practice for any size company let alone one that is accountable to public shareholders. Even ENRON and AIG opened their books; even K-Mart back in the bankruptcy days opened their books, why can’t this company do what it is obligated to do? Additionally, I understand your points about trucking and shipping and it seems like this company has been starting trucking and shipping for months but I never hear of these shipments reaching a destination let alone being bought and having revenue realized. If they are selling to China, as I have read here so many times on this board, where is the proof of receivership? You can’t just have it in transit forever and if it has not been bought yet then where exactly is it being shipped to and why? There are storage costs so why is any shipping occurring if no revenue is being realized for having been received? No business would ship and pay for storage abroad when it could store at home so this just does not make sense any longer. Then we have people who apparently throw misdirection out there and change the topic to Panamex, Spot Prices, Ivan Drago, Bingo, etc…al and this causes further confusion because there is no correlation. I appreciate the DD you guys do, and people like you, but the problem is that for all your inspection and hard work we have nothing more than word of mouth and board and no bank will give you a mortgage on this alone so I think we all deserve legitimate proof. So I guess here is our laundry list of what we want to begin with; 1.) Audited financials, 2.) CE removed, 3.) Proof of delivery and receiving by clients who have purchased this ore, 4.0 Business plan going forward, 5.) Balance sheet and cash flow statements. This is not a comprehensive list but is a good legitimate starting point.
Hey High, we don't need more IMO's we need actual facts. Seeing pictures of digs are nice but this ain't no Archeology class it is stock trading and we need legitimate auditied financials and the CE removed. We need less talk about what is supposed to occur and more fact about what can legally be proven and doucmented. I don't want to see pictures of Bingo, or have supposed sharehodlers quoting some lame Rocky movie character, I want legimate news and proven facts and quotes that mean something and are not baseless and useless quotes that are to me considered borderline pumping. It's time to get the lead out, or in outr case the ore out, and get some legitimate proven work done, we want autdited financials and the CE removed, until then any potential newcomers to this stock will look at it like it is another penny pump and dump.
With all due respect John, we have been reading abotu truckign and shippign for months but we are seeign no revenue from any of this, wh yis that? Where are the legitimate audited financials? With all of this back and forth going on we should be seeing something. Additionally, talk of shippign and truckign is different than actual shipping and trucking and that needs to be noted. I read that soo much is going on but I am seeing nothing realize, when will this stop being hypoerbole and become actual cold hard fact and by fact I mean legitimate and legal on audited financial reports, shareholders, true shareholders, deserve as much.
With all of these baots laoded and shipping ore, whe nwill we see auited financials that show the profits? Where are the details and documentation regarding the money being made by shipping? I keep hearing about new machinery, boats, trucks, but what revenue has this generated and why has it not been shown to shareholders? We wantthe facts on paper not speculation about hwose is bigger than whose i nregards ot machienry that none of us really know if they own or use. Where are the legitimate leagl documents and not hyperbole??????
Wow Witchll, right for the jugular on that one. I think many agree with you but man, butte it up a little before you carve it up, it is a holiday time my man. Nonetheless, you make a point i have been raising for a long time, rocks, trucks, boats, a dog, spot prices, they all mean nothing until we see unauditied financials, the CE removed, and fre trading of the stock by all brokers and not certain brokers. Just the fact that this annot be openly bought everywhere is scary enough so although I think you were a little harsh I do udnerstand your logic.
With all due respect, this soudns like a conspiracy theory, no one is out to get Bob, we all want to make money. It's time ot point the finger at the right direction and that is i nterrible business management and lack of credible efforts by teh company, bob is not a one man show or if he is then this company is in worse shapoe than some are saying.
If there are no buyers then who are the sellers selling to? I repsect you but your opinion does not make sense, how can you sell something if no one is buying? Therefore, it's that the price has not dropped enough to encourage buying, it's supply and demand and bad business reporting that is hammering this stock, not anything else.
Surebob, may appear to be the resident pessimist but it looks like his concerns are being validated by the falling share price. While so many of us have said that they have heard a PR is coming soon, or that they heard that someone heard that a PR is coming soon, Surebob has stuck to his ominous demeanor and disputed this forecasting of a positive PR and now it appears he is getting it right at this time despite his detractors. ? I guess the word of a friend of a friend of a friend is not good enough anymore? Many ask how can anyone remain so negative when so many in here believe a good PR is coming? What real concerns do the doom and gloomers really have about the CE or audited financials? Just because they have not been provided does not mean they won’t does it? Are many just acting as a misanthropist or do they have deeper concerns they would care to share with us? I know it appears that we have been strung along lately but read the room; most in here think something is coming positively despite the plunging share prices. I have seen posters who say they were accumulating two weeks ago and again last week, and at much higher prices than this is currently at, so why do many of you stand in contrast to these accumulators? Don’t give IMO’s, share your real concerns so they can all be discussed in a legitimate and fair way. I am neither a pumper or a dumper but rather an analytical stock trader and I want the facts to bear out one way or another so I know to either cut bait or continue to fish.
Flor clarification, when major news, or even minor legitimate business news, gets released it gets picked up by other news sources but anyone can release through PRNewswire and Marketwatch, it is like the Wikipedia of PR releases and everyone, or I thought everyone, knows that. I am sure that there are legit news releases put out through PR and MW but when these releases are checked out and found to not be credible, or supported, then other more reliable news sources do not run with them and that is how you can see that a company is behaving shadily, or at least with suspicion. Therefore, if other reliable news sources ru nwith CWRN news stories then I will beleive it but I never take a PR newsrelease as proof because OJ,Lindsy Lohan, Penn State coaches, etc.. al all have news releases as well and that does not make what they say true does it? I am jsut saying, I want legit news stores o nthis and legal documents not speculation and IMO's and I don't rally care what everyone here says they are buying, we all cannot prove it one way or another through a chat board and this leads bashers to think others are pumping and it creates an idiotic war of words.
No PR Newswires or Marketwatch PR's, we want legit news sources. Soo much speculation could be addressed and resolved if we could just get some legitimate audited financials, or at the least , the CE removed. Discussing the spot price of ore, and size of boats, and what type of dog BINGO is is all fine and dandy for us to bandy about but it does nothing for the price of tea in China. We can all give our best IMO’s but in reality we are all talking to each other and to get new money into this thing and get it moving up with traction will take legal documented documentation and not IMO’s or heresay’s. Just like I read that many are here loading up, how do we really know they are not just saying this and instead selling? We don’t. All of this talk is great fodder for the cannon but until we have something real and provided then what we really have are topics for discussion and we need ot be careful not to state them as facts. Additionally, most people know that when someone is saying the accumulated another 35 or 38 thousand shares they most likely did not so let’s end this juvenile practice if possible because it just encourages pumping which brings out the bashers and convolutes everything legitimate shareholders here are hoping for.
Love to hear from you Caps.................
Thanks Dev but I am not sure if I like that type of wordage fro mth3e CEO\President of my company, I would think he would use a little better language but who knows.....
Good news \ bad news. The sentiment still seems to be bullish on this stock even though the 30, 60, and 90 day moving trends seem to stand in stark contrast. However, I love to see the optimism here remain because we all want this to succeed. I have read several concerns about the CE listing and I feel these are legitimate concerns that must be alleviated before any fresh money will come in here. To back this up I found in researching that the float and ownership in this company appears to be a very limited and exclusive amount of shareholders who appear to be buying and selling to each other, one hopes we here are not the buyers and a very unique few of us the sellers but I guess we will never know. The spot prices of ore are of minimal concern to us because mentioning them are like comparing apples to oranges and does nothing but make us look like pumpers, this has nothing to do with what our stock price is doing and I challenge anyone here to provide me a direct correlation showing that as the spot price of ore has risen so has our stock price, to me it appears to be the opposite as ore prices have risen and we all know where the share price is now. In regards to future construction, this is great speculation but again I caution as to how can anyone draw a correlation here? China and India both have booming economies right now, so does Brazil and Germany, and yet our stock price is still down from the highs of six months ago. What we do need are audited financials, the CE removed, a business plan going forward, next quarter and year financial guidance, and more legitimate PR’s which are carried by legitimate news sources and not PRNewswire and Marketwatch, both of which carry the same credibility as does Wikipedia in regards to confirmed legitimacy and credibility as accredited references and information sources. In the end, we need less Bingo and speculation and forecasting and much more legitimate official documents.
So what do you thin kwill come next Micro? I usually don't like iMo's but yours I respect....
I was ready to pull the trigger and accumulate here but I expected a little more. However, I wil lwatch the trend and see if any more news gets back to us and make an informed decision from there, what do you guys think?
That is fine that some of you want the Bingo pictures but myself, as a legitimate investor, with lots of free cash on hand because I did not buy like many of you did last week, I want more facts. I think I seen that the individual I am replying to last week bought 30 something thousand shares last week when this was close to 7’s but now it is in mid 5’s so while you my sir may not have concern for doggie pictures, I, and many like me here, do. To me, DD is due diligence, not “Dogs digging” but that’s just me and how I roll, maybe others are not as cautious, or professional, an investor but I can’t speak to that. I know I received several e-mails from an investor claiming they were one upping everyone and had a better life than most but if they are buying high and selling low, how long will that last? Like it was stated in the movie Wall Street, “How many boats can you ski behind?” I guess not too many if you lose your shirt off your back when you are riding in your boat but that’s just my opinion, I could be wrong here and am not seeing what I need to see. I read a lot from Bal and Caps and they offer compelling reasons to consider for accumulation but seeing others post messages like” I just bought 30 thou, or 40 thou” with no real reason why makes me suspicious, especially when you look back and see they bought a lot higher than the price is but maybe that just means I can buy a lot more now then if I took their perhaps skewed advice. In the end I just want some real DD and not IMO’s or Bingo’s…..
Well said Kag but now that I am already in it I want to be in it to win it. However, I am finding out more facts about Bingo then the actual CWRN operations so what does that do for me, and others who are concerned as well? Additionally, time stamping and long\lats on pics can be cropped in, rememebr the guy o nteh tower jsut before the planes hit it? That got around the world and look how realistic. I'm just saying, sometimes we ask legit questions and the nwe get redirected into talkign about spot prices, boat sizes, our favorite drinks, etc all when waht we want are legit facts and legal documents. The stock is tanking and yet many say they are buying, I need ot know why they think this is good because maybe they know something that I don't. Please, facts, no more IMO's or Bingo stories.
Hi DHJR, I am not sure if I can trust the pictures any longer, with photoshop anythign is possible. I am also concerned that oen of the meaningful pictures has a dog in it right next to a heavy piece of equipment which is supposedly beign used. I have been on several major construction sites and I can tell you that no dogs are allowed on the site let alone right up on the equipment or action area. I woudl also liek to see some official documents and reports and not promises and IMO's. I hope all ehre are legitimate stakehodlers but some of the people have so much hype that I get concerned they coudl be pumpers. Several of you do offer compelling statements but I jsut feel at thsi point we all want more facts and less futre talk. I hate it when people question then others turn the questions aroudn or go on to stuff like the spot price of ore, ports, boats, etc...alll. What do you all think?
Hi all, I seen that several of you were loading up on shares, or so I read, back on 11/07, 08, and 09, can I ask why? I seen the price in the upper .06's then but now it is down to almost .05 so I a mglad I did not buy as many of you did then but do you know why the shares have went down so fast toward the end of the week, please give facts and not IMO's? I am very intrested to know why people were accumulating at the beginning of the week and now I no longer see them posting anything while at the same time the stock is going down, I just wonder what inspired them to buy and what they think now, and this is out there to all those who said htey bought the last few days, please provde me your thinking and guidance so I understand and can make an informed decision on whether its bettr I stay flush with cash as I am now or follow you down and pray for a bounce....
Hi all, I have read that several people have bought, or are buying, shares as this goes down, can someone explain the logic ot me about buying stocks o nthe way down? I don't think CWRN is a rubber ball, it may not bounce back up. Additionally, with all of the items we are missing, official financials, removed CE, etc..a al. don't you think there would be an official presser advising us of a way forward? I am sure there are hdiden agendas on all sides but truthfully, where is the guidance and not the IMO's? I went and read back through some posts where people had bought on the high 6's becasue they thought it was smart to accumalate but now it is in the 5's, where is it headed and why?