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Wow. Last month they had a lot of t-shirts. This month they only have the Refugee t-shirt and a couple of expensive hoodies. They've also changed the homepage and it is difficult to navigate. Did you click the "shoponline" link obscurely positioned among the clutter a little bit north of center?
They also sell the Cocklace, if your into hiphop jewelry...
The Russian exchange.
Hey Brent,
I thought I replied to this last night, but I see it didn't post.
I think CDCH looks as promising as any exploratory mining stock. As I've told you before though, I prefer to invest in mining stocks that have proven reserves and will be producing within 6 months. Too much risk for me at the exploratory stage, and too much can still go wrong. Also, I'm not seeing investors giving a lot of credit these days to non-producing companies and I think that the value of the assets will not be reflected in the value of the stock like a producer will.
That's why my money is in CWRN, which should be selling ore before the year is out. In the shorter term, I think CDCH can bring bigger returns if the *Big News* every one is waiting for is released. But then I don't see the stock doing anything for a long time after that unless they are looking to get bought. It can take years to get to production. I guess it depends somewhat on the nature of the relationships they set up - and that's really anybody's guess - but I feel strongly that after the initial pop, the stock won't do much. You can gamble on a shorter term buyout, but few exploration-stage companies get bought. Most acquiring companies prefer to buy after the smaller company has absorbed much of the cost of getting to production.
I also am a big owner of AURC - which is supposedly producing - but I'm a little pissed off at management right now (grumble, grumble...).
CDCH looks to me like a number promising small mining concerns. Lots of rumblings about big things on the horizon that always seems to materialize later than people think it will.
I've told you my preference for miners with proven reserves who are producing or close to production. That's why I prefer plays like CWRN or AURC (although I'm pretty pissed off at them right now...).
IHDR, your post from August 23rd runs through my mind whenever I come here and, given that I trust you as a poster, is the most substantial news I have to hold onto.
The other theories postulated around here sound, well, confusing and peripheral. But I know what you claim comes from the company and it's news from the company I want to hear.
I've made a bunch of money on AUY. Great stock. Lately it's been flying between 9 and 11 on an almost weekly basis, it seems. You can make a lot of money playing those hills and valleys. I've been out of it for a while now, but it should get to the high teens when the revenues start kicking in from all their recent acquisitions.
Funny, when Cramer recommends a stock, I kind of go sour on it. I figure that by the time Cramer gets his hands on it, it's shot. Completely irrational, I know. I haven't put any money into AUY since he started talking it up...
That sounds good, Mr. B, but NDOL is a pinksheet and all current filing is voluntary, so I assume this filing is voluntary as well? Or, is this form 15 required to alleviate the necessity of being currently filing during the application process for the OTCBB? If this is the case, then I could see how filing this form may speed up the process as they could work on auditing while doing the other work necessary to uplist rather than doing one then the other. Just a theory.
Ken is a basher?? Oh my, that IS a problem....
(8^>)
Sounds like Ken was explaning the reason for no PR. Thanks, Brent.
Yes, I think the potential here is strong, otherwise I wouldn't be following it. Nor would I have bought a t-shirt! (8^>)
Have you been checking out mashculturelab.com? The website is being actively updated with a lot of changes. Good sign.
The stock won't budge much until the product gets a wider distribution. Product is going to some select stores this fall for the Mash Culture Lab line and the effectiveness of that initial foray will determine the destiny of this stock, I believe. It sounds like the product will be going in for the Xmas season. If it sells well in those few high-profile stores, then the orders will come in and this stock will take off. It's almost like a test market before taking the big distribution plunge. Buying now is basically gambling that the initial small placement will go very well.
The thing is, we won't know if it's going well until after it's been in the stores for a few weeks. I'm not even sure what the exact in-store date is, but I'm sure we'll hear about it. I'm holding off buying this stock because I think there is the potential for the price to fall before the product begins to sell. Selling the new lines may be 2 months off. If it does go well, you'll see the trading volume increase for sure. I'll buy in if it takes a big dip before then, but at current prices, I think I'll have time to see which way the wind is blowing sales-wise without missing an opportunity. We'll see. I could be wrong.
Those are my thoughts anyway.
The selling didn't surprise me after the update. How a lot of folks probably read it is that nothing is really going to happen until December, so there's time to put your money elsewhere. Pink investors are a fickle bunch. It was very positive for longs, but for those impatient types, I bet they figured they could make more money elsewhere before November. I'm fine with it. I think this will pay off nicely in 2007, so I'll keep adding on the big dips.
I wouldn't expect any sustained movement out of this stock, though, until after October. The investment climate has turned against small growth lately. Folks want to see results, not promises. They will come.
I repeat, SLJB has got to be the most entertaining stock ever. Don't own shares and I never will, but I avidly follow the drama!
Good news. Again, this reiterates that it is a longer term hold. Based on this, I would not expect significant appreciation in the share price until November, and only if the dates stated here are met. My money feels safe here. I have a some shares (50k) in a tax-free account that I may try to flip, but only to increase my total share count. I may increase my total in the under .10 range when my available funds and the share price coincide.
I would say not to expect significant movement on this stock until November. People will be watching the timing and execution of what is stated here. It may incrementally increase if the dates are met. Definitely a longer hold. Assuming production increases through all of next year, the share price should appreciate from November through 2007. If folks have more promising investments over the next two months, I recommend putting your money there for now. I have about 165k shares, some of which I may be willing to flip, but I'm definitely long on this and feel strongly that it will pay off.
For those interested in CWRN and their progress, a shareholder update was released today...
Cotton & Western Mining, Inc. Shareholder Update
Thursday September 7, 10:31 am ET
RICHMOND, TX--(MARKET WIRE)--Sep 7, 2006 -- Robert L. Cotton, President & CEO of Cotton & Western Mining, Inc. (Other OTC:CWRN.PK - News), addresses Shareholders' questions and concerns in an open letter format.
ADVERTISEMENT
To our Shareholders, Investors and Observers:
I would like to thank each of you for being a vital part of our iron mining organization. Many of you have taken time from your busy schedules to write me directly and have asked many questions, ranging from the value of your shares to complex geology and the technical mineralization of the company's iron deposits, and the most frequently asked question, "When will the company begin shipping Iron Ore?"
Below are several questions we felt were not only relevant to our Shareholders, but meaningful as well as to keep you informed about the company and its prospects for becoming a successful venture. Before we answer those questions, I would like to announce two significant appointments.
First, effective September 5, 2006, Mrs. Milina Castillo Rincon was appointed as the president of Nexus Pacific Mining, S.A. de C.V. Nexus is one of our in-country affiliates, and together with Cotton & Western Mining, Inc. owns the mineral rights to the Rio Fox Iron Mine, located in the state of Colima, Mexico. Cotton & Western Mining, Inc. invested approximately 1.5 million dollars into the infrastructure, building a 17km heavy haul road, stripping the mine, and conducting exploratory works there in 2005. Operations were suspended on December 20, 2005. The total reserve is less than 3,000,000 metric tons. Cotton & Western has concentrated its financial resources toward the development of the company's Pacific Pearl Mining Complex, and has chosen to farm out Rio Fox in Mexico to another mining company. Nexus is negotiating with local mining companies on a joint venture basis.
Secondly, Cotton & Western Mining, Inc. has appointed Standart Capital S.A. Inc. of West Palm Beach, Florida as it Financial Engineers, in support of funding for the Mindoro Island Project, where the company has approximately 76,000,000 metric tons of iron ore reserves. Mindoro Island is located in the Philippines, and is strategically located to the Asian and Chinese Iron Ore Seaborne Trade Routes. Diamond core drilling of the mines is scheduled to begin no later than September 20th, 2006, with anticipation of infrastructure work beginning by October 15th, 2006.
Frequent Questions from CWRN Shareholders:
-- What happened to the shipment of iron ore from Los Crestones iron
mine?
Los Crestones was a farm-in contract for Cotton & Western Pacific Mining, S.A. de C.V., an in-country affiliate. The iron content of the mine was basically better in the outcrops than under the surface; we finished the production there and stock-piled approximately 50,000 metric tons of fines and lump crude iron ore (pictures of the mining activity are on our website). Only 20,000 metric tons met the client specification, mostly due to high content of the trace element sulfur, in addition to lower Fe (iron content values). The materials need to be concentrated by magnetic scrubbing, (a process where a magnetic pulley is used to drive a conveyor belt, and the non-magnetic materials are separated from the magnetite iron minerals). It is now the rainy season in Colima, and the mountain roads will not support trucking until October. So for now, the materials are inventoried only.
-- How does the company market its product?
This is an area that is hard for people not in the mining industry to grasp. We have no active marketing department, nor do we need one at this particular period in the raw steel making materials sector. We turn down potential buyers on a weekly basis. Therefore we do not wish to execute any buy and sell agreements until we are near ready to make a shipment.
-- When will Cotton & Western open the Pacific Pearl Mines?
We first have to pick what we feel is the best iron deposit, based on the quality of the magnetite and the infrastructure associated with opening a mine. On Mindoro Island we have four iron deposits; all four are located within 5 kilometers of each other. The mine that will require the least amount of infrastructure with the highest quantity of iron minerals over 65% Fe will be the first to open. We are now preparing to begin diamond core drilling within the next 10 to 15 days. Upon completion of that, the core samples will be analyzed for content of Fe, together with trace elements of other minerals. Once that is completed, we will pick a mine to begin with, and then design a mining plan and complete the heavy haul access road. There are two rivers that run near the mines, the Mamburao River and the Pagbahan River. A road will be constructed along the river that is nearest to the deposit we chose to open. Three of the deposits are located on the upper reaches of the Mamburao River and one deposit, Dayap, is located on the upper reaches of the Pagbahan River. Based on the magnetic surveys and chemical analysis of the outcrops, our first choice is the Nagsabongan deposit. Nagsabongan is a deposit of approximately 12,000,000 metric tons, and it has a large cliff 40 meters high (130 ft) that is parallel to the Nagsabongan Creek, a tributary of the Nagsabongan River. This mine will require less mine preparation since the cliff can be blasted down into the dry creek bed.
-- When will the first revenues come in from Mindoro Island?
It is our deepest desire to get one small shipment of 15,000 metric tons out of the Wawa Port on the Verde Island Passage before the end of 2006. This goal can be reached, provided we can begin excavation and crushing no later than December 5, 2006. It would take about 10 working days to process 15,000 metric tons with a small scale mining operation. Revenues from each 15k/mt shipment would be $600,000.00. Until such time as we can build a jetty and ship-loader on the South China Sea, only small vessels can be loaded on the north side of the Island. Both the South China Sea and Verde Island Passage are approximately 30 kilometers from the mines.
-- Does Cotton & Western Mining have the funds to operate the iron mines
the company has in the Philippines?
At this time we do not; however, we do have funds available to take us through the mining plan and road building phases. We are working now with Standart Capital as stated above to secure Project funding, and in addition to that we have buyers who have shown an interest in advancing payment against long term off-take agreements. We would prefer not to give discounts on ore pricing for funding, but will do what it takes to get the deposits open and start producing revenues.
-- When will the company start reporting?
At this time we are putting together all the accounts from exploration and mine development for the auditors. Hopefully this is something we can get completed with in the near future.
-- Why is the share price so low now?
I wish I had the answer for that one. It may be a combination of events that have happened with some other mining ventures that have picked up marginal mineral leases and never turned the first shovel of dirt, thus leaving a large group of investors disenchanted with any mining concern that is not producing. In our case we have produced some products but have not sold any. I strongly believe the share value will increase once we demonstrate to you, the shareholder, that the company's mineral properties are producing iron ore and generating revenues.
Again I want to thank each of you for your continued support as a valued shareholder of Cotton & Western Mining, Inc. It is our intention to get additional news to you on a timely basis, so that you may continue to be apprised of our activities.
Respectfully,
Robert L. Cotton
President & Chief Executive Officer
Cotton & Western Mining, Inc.
Look no further than your local MM painting the price.
I'd be interesting in reading that article, too, if you want to post the link on this MB....
Thanks.
Ha. It was probably Bob...
Yeah. I'd love to add more at .08. No free funds, though. (8^<)
It's the compositions of tailings that have already been mined and the information has always been on the website.
You seem like a VERY interesting person DrReeky. I'm glad you've joined us here on the NDOL board. What a remarkable contributor you have been. I see that you don't post anywhere else under the DrReeky name, but only we NDOL investors are priviledged to get small doses of your "insight". Thank you, DrReeky. This board would not be the same without you.
Do you post on other boards under other names? I'd love to read more of your "anxiety driven" thoughts about this and other investments as well.
Gold star!
I don't know, but a very similar thing is happening with another of my mining stocks, AURC. Increased volume and a slight downturn in price. Curious. There's really nothing connecting the stocks beyond mining.
Maybe he's on vacation? Maybe you should take over as moderator, Aston...
Where is your sense of humor?? It was damn funny.
he he he....
Well, it feels MORE legitimate than many of Vista Group's other websites.
Now that's diversification of assets! Seems like they plan to import more than lumber across the border!
he he he....
This has got to be the most entertaining stock ever!!
Well, looking at the history, volume this high has always accompanied price movements in one direction or another. Hopefully ending up is an indicator of where we are headed. There may have been a lot of shares lined up to sell at over ten cents anticipating a further fall. My hope is that we churned through such orders today and buying pressure will continue.
Maybe summer vacation is finally over! But I believe we'll need company news to sustain anything.
Hey Dr! That's a BS comparison you're making. All of those stocks are trading at very different prices and share counts. Let's look at percentages instead, shall we?
AURC +8.25
NNVC +8.97
NNRF +5.36
GSNH +25 (But 1/3 the shares of AURC)
RKLC +30 (But 1/5 the shares of AURC)
BCON +2.5
Overall, I think we are in line with everybody else. What was your point exactly??
Sue, companies can choose to file either by the calendar year, or a self-defined fiscal calendar. Most define their own calendars, so you need to check with the company directly or in their filings about their fiscal calendar and filing dates. It's probably on record with the SEC as well if they are fully reporting.
So what you heard was wrong. Every company is unique, although there is a "filing season" every quarter when most companies choose to file.
Well, gee, if everything you say is true, then I sure WISH the company would spell it out for us. I'm done picking up cheap shares. Let's get moving here.
I'm with eik. I don't agree the issue is semantics. Ownership of a company vs. owning a license to process ore from that company is a big difference. Don't get me wrong, Aurus is still greatly undervalued either way. But if Aurus actually owned all that 2c claims they own there is NO WAY this company would be valued the way it is. Some of these companies, like Ruda and Priargunsky are not insignificant or unknown outside of Russia. A change in ownership would certainly be known to all.
Job titles mean something different in every company and is not an indication of anything. Having an relationship with a JSC does not mean we own it. Having executives like Belchenko on our board does not mean we own the companies those executives come from. Look at the boardroom of any company.
I feel like common sense is being left at the door for many of the claims being made here. Aurus has a good business plan and they are undervalued compared to the assets they have a license to process. Can we please stop fantisizing that they are in the process of engulfing the entire Russian gold mining industry? We have enough value here without all that unsubstantiated BS.
The Radon discussion is interesting, though. So that's the technology we use, is it? I do wonder what our relationship to Radon is. On the Aurus website it says that we will eventually be marketing this technology to other companies and other countries. Would we be a reseller, or do we have a bigger stake than that? That would be something worth learning about.
LOLOLOLOL!
You can't add your own "THE COMPANY SUBSIDIARY" after everyone's bio and make it so!
LOLOLOLOL!
I understand that YOU might think you can do that, but the rest of world needs something a little more substantial than that.
Thanks anyway. That was funny! Sorry I didn't check back to I-Hub sooner!
2c, the word "subsidiary" has a very specific business meaning and the only two "sites" listed as subsidiaries are Alaska and Sirius. "Subsidiary" suggests ownership. I have seen no indication that Aurus owns Ruda, for example, although I would not be surprised if we have a joint-activity agreement with them. Many of the "sites" listed on the websites constitute reserves acquired through share agreements, and are not wholly-owned subsidiaries.
Again, just trying to prevent potential owners from misunderstanding what they are getting into when they buy. The reserves are owned by Aurus via licencing and agreements, but Aurus does not own, in most cases, the companies that provided those reserves.
I like the company. They're in a good position with their Philippine licenses and Bob seems ultra committed to the business and his shareholders.
Welcome aboard the iron train!
DT, I'm just reposting an email from another board, so I don't have a link for you. It sounds like you may be able to become an Objecting Beneficial Owner if you don't want to end up on the NOBO list, but to avoid standing out on the DTC, you may have to go slowly. Not sure why you are aiming to avoid detection. The company will surely find out if a single individual owns 51% of their stock, or even 10% for that matter. You may want to find out from the company how closely they track those things.
Good luck!
2c, I'm not much of a chart guy. Can you explain what the "big green mountain" means and how that is derived?
Thanks.
I think 2C specializes in Russian stocks...
Very interesting email from Cotton & Western CEO Bob Cotton to one of the posters on the CWRN board. Thought you all might get a kick out of reading it. Lessons learned from going to the pinksheets...
Hi Matt,
Are you planning on going public through the Pinksheets?
If so, I can only tell you what not to do.. as I learned the hard way…
Here are the list that are most important to me for a number of reasons..
NOBO- “Non-Objecting Beneficial Owners” This is provided by your transfer agent, it gives the names and addresses of individual owners, number of shares together with brokers and trust that are one, holding your shares in-house or two, the number of clients they have holding your shares and/or trading.. I get this list once a month.. Expect to pay about 2 grand a month, depending on how many shareholders you have. But it is hard to track the OBO’s “Objecting Beneficial Owners” …
DTC- “Depository Trust Company” this is better than the NOBO, I get this one once a week, you can track the transfers from seller to buyer better than NOBO… And this tells me who is lying and who is not…
Until now, I still do not know now many shares are floating around from the initial “Big Mistake” of giving free trading shares to a group of Market Makers, Public Relations, Investor Relations and Promotion types…. In looking back, it was truly a monumental disservice to all those investors who paid hard cash for as little as 100 to several 100,000 shares… just to set there and watch helplessly when the sale-off started.. To the number, each person told me, no, I’m not going to sale and drive the price down.. “The Big Lie”… At lease one guy had the guts to tell me, and quote “I’m not going to be the last guy standing”… Once one group begin to sale a few shares, they all jumped in, and then bang.. our share value dropped from a nice 1.45 down to 0.025 cents… I have been able to slowly bring it back and most of the activity has been by the market… Someone dropped a half million shares last week.. I don’t know yet who that was, but we rebounded quickly to the 0.12-0.13 cent range, which I believe it will stay for a while… I found it interesting that the sale off came on the day I released some news… To now, Cotton & Western has not sold a single share of stock.. The purpose of doing this was to raise funds for our mining operations… At this point, it has been a total failure and has soured me on this whole Pinksheets experience. I could have just taken in a partner or borrowed funds from a private investor.. If I had done that, I would still own 100% of the company… Now I’m trying to buy back all those shares I gave away.. My advisors took me down a muddy road. I didn’t like it to start with and I don’t like being in the position of telling them, “I told you so”.. If you do pick-up a shell, DO-NOT GIVE A SINGLE SHARE AWAY FOR PROMOTIONS.. Do you own…
Starting tomorrow, we will buy in and try to get back to 0.25… I have lined up some Indian Trades to raise funds, but will hold off on that until we get back to 0.50.. This is off the market and will not affect the share value…
I will be going to the Philippines next week for about two weeks, and hopefully we will get started over there before the end of September..
Thanks for being a valued shareholder.. If you can stay long for another 6 months, you will be a happy camper..
PS: Don’t even think about hooking up with a broker who uses Penson Financial Services, they even post it on their web-site.. “THEY LOAN SECURITIES” and boy do they, Naked Shorting is the ticket with those jerks… Early own when there were no shares in the float, I couldn’t figure out where these short guys where getting shares.. then I found it.. www.penson.com look under Products and Services tab, sub-tab Lending Securities … Now I’ve got several million shares there and can’t move them out… I can’t even DTC out of there.. I don’t know how they stay in business..
Yes, many times. Many stocks.