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Some Chinese must still be looking for new ore.. http://www.mining.com/chinas-largest-steelmaker-buys-into-canadas-labrador-trough-10295/
If you do some basic math you find this company is paying over $3/ton for "in ground" ore, so far up in the middle of north pole Canada that it will cost them an arm and a leg to get it back to China.
If my math is correct, this mine in Labrador will produce 240 million tons over its 30 lifespan. Bob said that we may have the largest iron strike in Mexico. In my research I found that presently the largest in Mexico has around 300 million tons of iron ore reserves..
All this speculation still leads me to think a buyout could be near .25/share even with the high share structure.. If Bob wanted to be a nice guy and retire a third of the authorized shares we could be looking at .40/share.
As far as I'm concerned the Chinese are pulling out every trick in the book to keep prices down.. Once Indonesia decides they want some steel export action, all the lowball forecasting for iron ore will fly right out the window..
The bush leaguers are wasting their time trying to get me to sell my shares for less than a quarter.. Go CWRN
Awe what the heck.. I've waited thru about 115 Fridays so far.. I didn't even get my hopes up this time... LOL!
I'm fairly disappointed that we don't have any irons in these fires by now. What is it 2-3 years ago when Brownie built that solar trough?
http://www.gizmag.com/shams-1-worlds-largest-concentrated-solar-power-plant/26707/?utm_source=Gizmag+Subscribers&utm_campaign=e6712c7f96-UA-2235360-4&utm_medium=email
They won't care.. They have a bigger crook living in Manzillo and don't do anything about him.. LOL!
Really GOOD news please!!! LOL!
That guy that sold today was after a cup of PDQ coffee, not Starbucks, after broker fees!! LOL!
Big earthquake where gold digs are supposed to be.. At least now there will be an excuse for no mining.. The earthquake swallowed the equipment..
Do you thionk it would be legal to print the stock symbol on the place mats or napkins? If it were me, I would have a neon sign with the stock symbol and share price in the front window for all my customers and investors to see.. LOL! Plus a 5-10% discount on food and drinks if you bring in a monthly broker statement showing 100,000 shares of BTHR or better.. The shares bought at these low prices would be locked up until the price hit a buck at least.. LOL!
Can you imagine the stockpiles at the mine if they just kept crunching away after Bob went to boy stock camp.. Whew doggie!!! AKA.. BINGO!!
here's a door that needs knocking on..http://editorial.autos.msn.com/article.aspx?cp-documentid=434462
There has got to be something good looking under the covers of this one.. Otherwise it would have been .0001 months ago.. Someone has a better crystal ball than I do I think..
I wonder if Bob had computer access in boys camp.. He might have been able to locate a centrifuge on line for sorting some of the other valuables at Guataloupe..
I just did a little apples to apples comparison with some other pinkies in the rest/bar business.. I'm not pressing the button until at least 3 cents if nothing changes. Add KFC stores, I'll sell some at .15-.20
BTHR is going to go nuts this week on company purchase of one of the best night clubs in Florida..
BTHR buying one of the hottest night clubs in Florida.. 100 bagger or better
Interesting article.. Sounds like someone else knows the secret process.. Make for a merger partner possibly for tweaking both systems..http://www.gizmag.com/fuel-plastic-waste-sydney-london-flight/26391/?utm_source=Gizmag+Subscribers&utm_campaign=cf4eac4625-UA-2235360-4&utm_medium=email
Thanks CP1007... Danged if they don't seem to be putting one foot in front of the other just like Buffett did, when he started.. I'm talking about Jimmy of course, until we are no longer a penny stock.. LOL! At this point I know I've owned worse stocks.. I will enjoy the day I can uncross my fingers with this one!
Thanks JB.. fingers crossed..
Read the article.. The industry is switching over to furnaces heated by natural gas because it is cheaper. Preheat with the wyoming coal and finnish the job with the natural gas. Some smart guy will figure that one out if I did...
Actually the timing section should be about a mile long at NASA, and should take less than 20 seconds to run through. That will make headlines in TV and newspapers, and bring tremendous awareness about the company, it's technology, and the stock, imo. You will probably have angel investors crawing over each other to give their money to them, if Cyclone does a good job of promoting the event... I'll bet they could charge admission for the NASA runs and raise enough money to pay for the trip to Bonneville, where the car can really stretch it's legs.. If I lived closer, I'd pay $20 bucks to watch it. Like watching history in the making.
I haven't quite figured out what this stuff would be good for yet, other than undercoating the race boat, but it's cool..
http://www.gizmag.com/hydrophobic-coating-repels-liquids/26286/?utm_source=Gizmag+Subscribers&utm_campaign=e34666bc1c-UA-2235360-4&utm_medium=email
If you listen to the gurus, demand isn't going to drop into the ocean for quite a few years. With India recently becoming an importer instead of exporter, and Indonesia just entering the 21st century, it wouldn't surprise me a bit to see $200/ton in the next couple years. The shipping delays may well double our fortunes down the road..
Yesterday I read where Ohio State researchers figured out a way to chemically combust coal, resulting in really cheap/nonpolluting energy for the US for hundreds of years. If we have really cheap energy, we can start rebuilding infrastructure, which will in turn jump start the economy, which will in turn take a lot of steel and iron ore production. I love it when a plan comes together!!
http://www.mining.com/chart-china-will-grow-at-8-for-the-next-18-years-96587/
Good point JB.. I keep forgetting about those.. Fingers crossed, this company comes out supercharged & firing on all 8 cylinders shortly.. For a while there, I would have been happy to get out with my skin, but I am starting to gain some confidence now.. Can't wait to hear what all this court crapola really means, one way or the other.. All the BS was dragged out way too long..
So would the shareholders imo! LOL!
I asked Harry about the aerodynamics and lift factor of the LSR car a while back, because it looked so much like an airplane wing from the side. He said that there is a rubber skirt along the bottom, similar to something on a hovercraft, that keeps the air from going underneath the car which could cause lift. Pretty cool stuff.. A far cry from my 62 chev, that I thought was a rocket back in the day! LOL!
Maybe a word or two from the company would be appropriate, rather than leaving the shareholders hanging again.. I can't believe they didn't PR the DTC thing. It might have brought some new interest in the stock..
I agree.. it sounds like 2 different events to me
Ten million in the hand would be better than 15 mill in the bush..
Don't know how that works..
Out of court settlement?
Did the dividend shares show up??
The local loads to Cemex were covering overhead in the past. I doubt that has changed.. And if that is still the case, why not keep the mine going full bore. Eventually we will ship again. I'm hoping they stockpile 2-3 million tons at Guadaloupe and move to one of the other claims, and get started. This delay may have been a godsend for CWRN. If Bao or another big Chinese steelmaker says we want 500,000 tons, CWRN can say, sure... No problem..
If they kept up production since late last summer, CWRN probably has enough processed ore sitting in stockpiles, to pull a good part of the Asian "ghost fleet' out of mothballs and run them steady for the next year. LOL! I am getting a little annoyed at the continued quiet though..
I was hoping for a bunch of new business coming in, because of Obamacare, but I read this morning that at least 30 states have now told the Fed to stick the plan where the sun don't shine. I'm still down 50% so I guess I'll hang around to see if PPJE can pull another rabbit out of the hat.. It still amazes me they beat that stupid DTC chill.. Not many penny stock companies ever do..
February 2013 • www.racecar-engineering.com
STEAM POWER
The need for Steam
It took more than 100 years for the British to claim the steam land speed record from the Americans. Now, they want it back...
BY ANDREW COTTON
Diagram of the six-cylinder radial-format Cyclone Engine
Profile cross-section of the Mark V automotive engine.
The tailfin of the Team Steam USA car bears the figure 1777. This is the year that is America's proudest, a date when the country was declared independent and a year in which the nation defeated the British army. Team Steam driver Nelson Hoyos hopes that he will be the man to take the steam driven land speed record from the British, who claimed it in 2009, back to the USA with a 200mph run, and intends to extend that to 400mph by the end of 2013.
The US held the record between 1906 and 2009, when the British Inspiration team took the record up to 148mph. As the British also hold the outright Land Speed Record (as this is written), the rivalry is as intense as ever.
Not that Hoyos carries any malice. Far from it, although he takes great delight in the fact that the British spent £1 Om claiming the record, and he intends to take it back on a budget less than one tenth of that. The team will take an engine that was developed for the military, and place it into a chassis that has already proven itself up to 440mph with a piston engine.
'The engine is unique,' says Hoyos. 'It is a six cylinder radial design, and has a unique spider bearing, which is held to the crankshaft. All the connecting rods are connected to the spider bearing.
'We can get even-fire cylinders instead of odd-fire cylinders. In the standard engine there is a condenser at the bottom of the engine that holds the water that is piped through the cylinder to pre-heat it. It is then piped up through a combustor, which has 1200 linear feet of tubing. We have six injectors firing an open flame in a circular fashion, hence the cyclone effect, so we are superheating this water. We take it from 700 degrees to 1400 degrees when it comes out at over 3200psi.
'It is injected into the top of the piston, pushes the piston, and it has ports on the back of the chamber and exhausts back into the condenser. We have a dry sump system to bring it back into the water tank.' The engine creates 200bhp, which is not a great deal, but it generates 1100 ft/lbs of torque. Such torque and relatively low speeds mean that the car does not require gears, and so has direct drive and works with cog belts, like a Harley Davidson bike. The car will be pushed to 60mph before the engine will kick in and drive the car up to 200mph in the first quarter of 2013, if all goes according to plan.
Following that the team intends to go faster, and has a target of first 300mph, and then 400, although they realise that significant car modifications would be necessary to hit this target. The car body is,based on Ron Main's Speed Demon car, and from the cockpit forward, Main's design is unchanged, The rear has been modified to accommodate a much smaller engine, so the track has been reduced by 18 inches to just 30 inches, the chassis is sorter and the tail fin smaller, making the car even more aero efficient.
'We licensed the body design,' says Hoyos. 'We duplicated the car that has gone 440mph so we know that the aero works. We have shortened the car a little bit and made it a bit thinner at the back - as we are direct drive we didn't have to have a differential. Ron's car has a bubble in the back for the tyres but this car didn't need it. We think this is a little bit better than his, but it works. The chassis underneath is a dragster. We have the in-line wheel setup, which means that we have it inside the cockpit so nothing is exposed, and if we lose a tyre I have another holding it up.
'We have a big bulkhead between the driver and the engine. The engine is two feet by two feet we drive a pump, a 20 gallon water tank, and batteries to drive the pump system. We have two goals: one is to take the record away from the Brits, the other is to validate this motor concept and put it into a automobile application down the road.
The programme is designed as a marketing tool for Cyclone Technologies, which reckons that the engine can run underwater, or in space, Able to run on any fuel that can burn, the team believes it has something that will benefit production cars in the future (see sidebar, p22).
'This is an all-fuels engine," says Hoyos. 'It does not need fuel to run. It needs fuel as a BTU source to heat the water to steam. It could run on diesel fuel, vegetable oil, orange delaminine, jet fuel, regular gas - whatever can burn, It makes it interesting for potential world motor, because we are not limited to a specific fuel source. It is also water lubricated, so it has no oil in the system at all, so environmentally it is great and it has little moving parts. It's ceramics and composites so it is durable and we think it does have potential in a vehicle for the world down the road.
________
The team has another engine in the workshop, an increase in capacity to 3-litres, produces 2650ft/lbs of torque and can take the car beyond 400mph. 'At that point we would have to change the car around a little bit to accept that kind of power, but I think this car could do it,' says Hoyos, a drag racer who is used to such speeds. 'Ron Main has proven with a piston engine that he can do 400mph safely, 26 times, so we know the car is proven, so now it is how do we apply it to our technology. This project is less than six months old, it requires safety equipment, some plumbing and electrics, the engine is dyno testing at the moment to get patterns so that I can learn how to drive it. This makes an enormous amount of power from the start. Our goal is by February to be testing.
The plan is to hit 200mph, before prepping the car for a 250mph run at Bonneville salt flats in the summer. The new engine will then be fitted with a target of 400mph, nearly three times the current speed. 'The goal is to be above 300mph with it, and if we can go 400, that would be super but that will be a challenge,' says Hoyos. 'Once you go a little faster, everything becomes exponentially harder.
'Although we have the power to go 400, it would take more time. The suspension would change and the car would change. The major overall piece will be the same, but the car will be longer and wider, and the body will change because we have a motor which is wider. Then weight distribution changes, so we have to go back into the wind tunnel to check those changes. I anticipate doing a bigger wing at the back of the car - the original car that Ron Main has is 6ft longer, has a larger rear wing, and is also 18 inches wider, so we may have to go for his design completely to go with the power we're going to have.
"As you go faster, everything becomes exponentially harder"
The cyclonic aspect of the engine in impressively fiery action
CYCLONE POWER
This is an engine that its designer reckons could be taken to production cars, reducing the cost of motoring, improving 'green' credentials and changing the way that third world countries generate power.
It all sounds too good to be true. 'The powerplant has tremendous efficiencies because multi-fuel capabilities, and the reason they have high efficiency is that they can operate at high temperatures,' says its inventor, Harry Schoell. 'That has been the plague for small engines. You know how tough to build that is - you have to build the turbine. The turbine has a water rate, how much water you have to evaporate to make the engine go. The turbine has one speed that it operates at, very high water rates and very low efficiency. With a piston engine you have a 20-40 lb water rate. This has seven. The heat exchanger is much smaller.
'We can operate at very high temperatures and pressures so we have a half-litre engine that puts out 1000ft/lbs of torque. You don't have to have any special gearing, and we have an engine that burns any kind of fuel, is not expensive to manufacture, is very low polluting, and we have something that is commercial. This can be used in cars, buses, trucks, and it's clean and inexpensive power. In most applications you don't need a transmission. This will run underwater, can run in outer space - everything.
'It just takes time to get it there. The LSR is to prove that we have a viable product. People have to see it. We have generators running, but to see something like this has excitement to it. We also have a boat we are going to run to show the viability of the product. It is amazing to us, we have been at it for a few years, and every time we show it people haven't heard about it. We have grown making generators and products for other applications.
That's all fine, but in a production car, how much further could a Cyclone engine go? 'If you make an automobile go somewhere, you always hear rpms. That's because these engines don't have any torque at the bottom end so you have to scream them up high, run through a bunch of gears, and gear losses can be 10-18 per cent. We don't have any. We start off with torque at 1rpm. Rpm is different for us. Theirs is revolutions per minute, ours is revolutions per mile. We can run one mile with a standard car and the engine would turn 1700 times. Not 1700rpm.
'You could go perhaps 1.5 times further in mileage. On a straight highway, you can get a 20-25 per cent gain, but in the city the engine doesn't have to idle. When you move, it moves. Point to point, you are talking revolutions per distance.
'It would do a great job in city buses. And it is not only mileage - less expensive fuels can be burned. You can fill it with anything: gasoline, diesel, alcohol - it makes no difference. You will burn less fuel with the higher BTU, but sometimes the higher BTU fuels are the least expensive. The engine can run on kerosene and biofuel. We run algae fuel from oil, so it doesn't have to go to the refinery again and be turned into something else. We have run powdered coal through the fuel injector. Extractions from chicken farms and pig farms can go to a digester, where they go into a tank and methane can be pumped, light the methane with a match and make electricity.
Things like that can go into third world countries and power them easily. Solar has 5-8 per cent efficiency, and how do you store it? Lead acid batteries? That's not a good thing. If you use a thermal battery, it never runs out, is inexpensive, and at the end of the life cycle is fertiliser. You can run a cyclone engine with less expensive heat collectors, and generate electricity in the 20-25 percent range. You can store the heat and use it down when you want to.
So, the first target is to earn the right to be the fastest kettle in the world. After that, there is a dedicated plan to take the technology to schools and universities to educate students as to how it works. From there, the sky could literally be the limit.
I found a big boy iron/metal detector on line about a year and a half to 2 years ago ballpark. It was right around the time I discovered the DigNRip excavator bucket company. I think the price was around $7000 but can't remember for sure.. I sent the details to Bob to see if he was interested. He told me the locator he already had, was twice as good as the one I had found. The sonar or radar or what ever it was, could see through 20 feet of rock or overburden and tell you what was under it.. It also had a sensor that you could drop down a drill hole to look sideways into the deposit.. It sure as heck didn't sound like a magnet pen to me.. LOL! You sure do come up with some interesting stories though.. I'll give you that..
Maybe he will start doing a little rock hounding in Nevada or Arizona to keep occupied when released.. There is still undiscovered stuffium in those states.. LOL! I know he had his eyes on some property in Arizona a while back, with good ore on it, but didn't want to deal with the tree hugger laws and regulators.. It was doable but might take a while to get permits. As it is now with permits in Mexico, there wouldn't be much difference.. Things may have changed since he went to bad boy camp..
The naysayers said PPJE would never get off the chill list either.. Better to withhold prejudgements at this point than wind up with egg on the face imo....
Interesting stuff going on in our world.. An industry near and dear to our hearts is talked about, half way down in this article.. Could get interesting if they build one of these new steel plants in Southern Cal..
1. Cheap Energy Could ‘Re-industrialize’ America
A new report paints a rosy picture of America’s energy future and points to some surprising repercussions for a nation suddenly awash in cheap oil and gas.
In its “Energy Outlook 2030,” the London-based energy firm BP asserts that the United States will be 99 percent energy self-sufficient by 2030, largely due to shale gas and oil produced by hydraulic fracturing.
As recently as 2005, the nation was only 70 percent self-sufficient.
“The U.S. will likely surpass Russia and Saudi Arabia in 2013 as the largest liquids producer in the world (crude and biofuels),” the report states.
Also, the U.S. Energy Information Administration has forecast that the nation could become a net exporter of liquefied natural gas as early as 2016, according to The Diplomat, a current affairs online magazine.
“The U.S. will not be increasingly dependent on energy imports, with energy set to reinvigorate its economy,” said BP’s chief executive Bob Dudley.
The shale gas boom has already cut household energy bills by an estimated $1,000 a year and spurred a wave of new industrial investment, reversing a 30-year period of declining manufacturing jobs.
At least five new U.S. steel plants are planned that would use gas instead of coal to purify iron ore, according to Bloomberg News.
Chemical and fertilizer companies also are said to be planning new gas-fueled plants.
“Other companies from around the world that consume gas may be attracted to move their facilities to the U.S. market, which would then provide even more steel consumption and manufacturing capacity,” said Aldo Mazzaferro, a steel analyst at Macquarie Capital USA Inc. in New York.
“It could result in a re-industrialization of the U.S.”
The BP report noted that significant exploitation of major shale gas and oil resources has taken place thus far only in the United States and Canada.
The natural gas boom in America will also lead to a significant reduction in greenhouse gases, since natural gas-fired power plants produce around half as much carbon emissions as coal-fired plants, and just 1 percent as much sulfur oxide.
Sounds more and more like Australian mining is on the decline.. I would assume that is good news for CWRN.. Enjoy..
Western Australia's Department of Mines and Petroleum says the number of people applying for mining exploration permits in the mineral-rich state has plunged.
ABC News reports that the number of people applying to prospect or explore for minerals fell by almost 200 in the final quarter of 2012 compared to the preceding quarter, despite an increase in total application numbers.
The department says high operating costs in Western Australia are the likely culprit for the drop in applicants.
Analysts in Australia have long said the country's China-backed mining boom is approaching an end, with a lofty Aussie dollar and surging operating costs severely comprising the country's international competitiveness.
The Association of Mining and Exploration Companies says tightening of financial channels is another reason for the fall in applications for exploration permits.