Waiting Patiently to Load My Boat!
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I would imagine its quite difficult trying to move mountains of dirt and waste to get a smooth running operation up and going. Billions of tons of dirt and shrub need moved to access all the iron that is on Baha 14.
In time when all is operating as Lean and Smooth as possible with maximum output and effecient use of time, money and space we will all be glad we invested in CWRN at this time when the PPS is so low, and instead of crying about how the PPS and News were lacking we will be thankful we had all this time to accumulate more in our accounts!
LEVEL II ANYONE?
Need to update Max's summary sticky and Ihub intro with all the new pics and info! Permits, ripper bucket, piles of fines, new outcrops, new Bao pics! Whooo.. KABOOM!
Awesome News! Shipments r commencing again! Hooo Yaa!
Have a buy order in at .0049 and its not showing? Figured it would have filled partial by now! LEVEL II Rocket?NM..my small order just went thru~
Good to his word...next up..."FINANCIALS!"
My Birthday is Thursday...I think I will give the gift of CWRN to myself! KABOOOOM!
I think we're close...real close! I am hiding in the shadows hoping to get more before its too late! That Ripper is state of the art "moneymaker" right there!
MBIO62 Index 31/1/12 $141.96/tonne MBIO62 Index 30/1/12 $139.36/tonne $ Change +2.60/tonne MBIO58 Index 31/1/12 $123.12/tonne MBIO58 Index 30/1/12 $122.28/tonne $ Change +$0.84/tonne MBIO58P 31/1/12 $5.50 MBIO58P 30/1/12 $4.50 The MBIOI62 today calculated to $141.96/tonne, a large rise of $2.60/tonne on yesterday as market activity, post new year, starts to pick up.
MBIO62 Index 30/1/12 $139.36/tonne MBIO62 Index 27/1/12 $138.93/tonne $ Change +0.43/tonne MBIO58 Index 30/1/12 $122.28/tonne MBIO58 Index 27/1/12 $121.53/tonne $ Change +$0.75/tonne MBIO58P 30/1/12 $4.50 MBIO58P 27/1/12 $4.50 The MBIOI62 today calculated to $139.36/tonne, a rise of $0.43/tonne on Friday as we see a subdued return to the market from some Chinese participants.
SUPPORT AND RESISTANCE NUMBERS
0.0315
0.0206 38.2% Retracement from 52 Week High
0.0172 50% Retracement from 52 Week High/Low
0.0152 Price Crosses 9-18 Day Moving Average
0.0139 38.2% Retracement from 52 Week Low
14 Day RSI at 80% 0.0131
14 Day RSI at 70% 0.0086
4 Week High
13 Week High 0.0085
0.0076 14-3 Day Raw Stochastic at 80%
0.0072 14-3 Day Raw Stochastic at 70%
Pivot Point 2nd Level Resistance 0.0065
0.0064 38.2% Retracement from 4 Week High
38.2% Retracement from 13 Week High
0.0063 14-3 Day Raw Stochastic at 50%
Pivot Point 1st Level Resistance 0.0060
0.0058 50% Retracement from 4 Week High/Low
50% Retracement from 13 Week High/Low
0.0057 3-10 Day MACD Oscillator Stalls
0.0056 14 Day %d Stochastic Stalls
Current Price 0.0055 Current Price
0.0054 Price Crosses 18 Day Moving Average
14-3 Day Raw Stochastic at 30%
0.0051 38.2% Retracement from 4 Week Low
38.2% Retracement from 13 Week Low
0.0050 Pivot Point
0.0049 14 Day RSI at 50%
14-3 Day Raw Stochastic at 20%
0.0047 Price Crosses 9 Day Moving Average
0.0046 Price Crosses 40 Day Moving Average
Pivot Point 1st Level Support 0.0045
0.0044 Price Crosses 40 Day Moving Average Stalls
0.0041 14 Day %k Stochastic Stalls
Pivot Point 2nd Level Support 0.0035
0.0034 Price Crosses 9 Day Moving Average Stalls
0.0031 3-10-16 Day MACD Moving Average Stalls
4 Week Low
13 Week Low
52 Week Low 0.0030
0.0026 Price Crosses 9-40 Day Moving Average
14 Day RSI at 30% 0.0004
14 Day RSI at 20% 0.0000 Price Crosses 18-40 Day Moving Average
Steel Imports Jumped 18.9 Percent Last Year Monday, 30 January 2012 | 00:00
Steel imports in December rose 6.6 percent year-over-year, pushing annual inbound shipments 18.9 percent to 23.9 million tons in 2011, the Commerce Department said.
The increase in 2011 showed “the continued slow improvement in market conditions in many steel-consuming sectors,” said David Phelps, president of the American Institute for International Steel. He noted that semifinished imports used by domestic industries jumped 31.7 percent to 6.68 million tons.
Phelps said early signs point to continued market strengthening this year. “With steel consumers and distributors starting the year with low inventories in the environment of improving demand and rising prices, there is some optimism in the marketplace for both the domestic industry and importers at this time,” he said.
December volume totaled nearly 2 million tons, down 5.9 percent from November. Phelps said import orders slowed last fall when domestic steel prices softened amid concerns about a double-dip recession.
“After that lull in import ordering, pent-up demand and low inventories have appeared to have created a new confidence in consumers which is being reflected in a new round of import ordering, hopefully bolstering arrivals in the first quarter. We also believe that many consumers delayed deliveries of steel in December due to end-of-year inventory taxes in many states, suggesting that some of the decline was seasonal in nature,” Phelps said.
Source: Journal of Commerce
[url][/url][tag]http://www.hellenicshippingnews.com/News.aspx?ElementId=8ac58a9a-f490-4731-a13e-a5ad60a65114[/tag]
Global ship glut fueling Baltic Dry Index plunge Monday, 30 January 2012 | 00:00
The warning signs being flashed by the collapsing Baltic Dry Index (BDI), a leading global economic indicator, may reflect the folly of misguided expectations during the prior global economic boom, according to Hong Kong-based shipping analysts.
New super-sized ships ordered up during the era of cheap credit and surging global trade could explain the index’s 57% plunge in the last three weeks, according to Macquarie Research, which described this month’s BDI drop as “relentless” and “extreme.”
The BDI, which tracks worldwide shipping rates for dry-bulk cargoes in four vessel classes, is now touching lows last seen in early 2009, when global trade was just recovering from the financial shock waves of the Lehman Bros. collapse.
Shipping rates for Capesize vessels, a class that includes some of the world’s biggest ships, are down 76% this so far this year.
Macquarie analysts said Thursday the slump in the broader dry-bulk index represents “too much capacity in the face of more modest growth of trade volumes.”
Shipping companies appear to have jinxed their own industry by ordering up too many grand ships when conditions looked very favorable before 2008.
Meanwhile, further new capacity, equivalent to 22.7% of the existing fleet, is due to be delivered this year, according to Macquarie calculations.
“It’s hard to see much relief, even assuming slippage in the order book [deliveries],” said Macquarie analysts.
In a recent outlook report, Credit Suisse said the sector fundamentals may come into better balance in 2013, when new capacity is due to decline to 8.6% of existing fleet size. The turnaround would depend upon “significantly stronger” demand, the analysts said, even as they cautioned against expectations of a recovery along lines similar to 2009, when global fiscal-stimulus efforts were in full swing.
“With the global economy and China slowing down, we do not expect a repeat of 2009 to 2010,” the analysts said.
The Globe and Mail newspaper cited Export Development Canada’s chief economist Peter Hall as saying earlier this week commodity shipments were likely weaker in the second half of 2011 owing to factors that include the Japanese earthquake and tsunami, social unrest in the Arab world and slower economic growth in China.
In spite of the slump, Macquarie said it may be time to look ahead to a recovery in dry bulk carriers, naming China Shipping Development Co. and Pacific Basin Shipping Ltd. as favored selections.
Macquarie said both companies are likely to report profits for 2011 and 2012, while other shippers were likely to suffer losses in the first half of this year and possibly beyond.
However, other analysts warned there could be knock-on effects if the supply glut results in a financial storm throughout the shipping industry.
Business Insider quoted Basil Karatzas, the chief executive of Karatzas Marine Advisors, as saying European banks could face nearly $100 billion in losses to restructure the $500 billion in shipping loans on their books.
Signs of trouble emerged last year, with operators of both bulk and container vessels subjected to brokerage downgrades on concerns of glutted supply.
[url][/url][tag]http://www.hellenicshippingnews.com/News.aspx?ElementId=60549346-1381-4e90-9966-6563962271ec[/tag]
CAT II CYCLONE IGGY OFF PILBARA COAST.
UPDATE 4.20pm: The Bureau of Meteorology has cancelled a flood warning for the Pilbara as Tropical Cyclone Iggy moves slowly in a south-south-easterly direction.
However FESA has issued a blue alert for communities between Onslow and Coral Bay as the category two system hovers about 365km north west of Exmouth.
With the system expected to remain well off the coast, significant rainfall is unlikely over the northwest corner of the State in the immediate future.
However tomorrow Iggy may move close enough to the mainland to cause gales along the coast between Onslow and Coral Bay though destructive winds are not expected.
Gales may extend south to Carnarvon later tomorrow.
Tides will be higher than expected and there will continue to be large swells along the Pilbara and North West coasts.
The forecast for the Pilbara is scattered showers and thunderstorms in all but the far southeast.
Rain and squally thunderstorms are possible in coastal areas.
The bureau said rises in river levels in the Pilbara were possible but were expected to remain below flood level.
PR This week? EOM..Could be the time! Up 28% Friday...I know from emails that we are approaching very near to release of news! I may have to put some more Kaboomage in play tomorrow~GLTA
CWRN..LONG AND STRONG
Add the 50% decrease in shipping cost to that larger ship and we are KABOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOM!
Break out coming soon...we are above 50 dma and 200dma is .0074! If we break above 200dma and hold BLUE SKIES!
MONDAY PR? I don't know but I'm guessing! ;)
I watching intently...KABOOOOOOOOM~
LEVEL II?
Level II anyone?
.0055 up! Blue Skies approaching! KABOOOM TIME~
We need some KABOOOOOMAGE!
Where are the European investors? Puresafe...whats the word w Huggie?
Welcome back Jake! So what happens after we hit that PPS?
Hey hey...dont go picking on us sailors now! Lol
I have a feeling those drill results brought on much bigger plays to Bob and that is why everything is on the DL right now. All IMHO of course. CWRN LONG AND STRONG
Looking at that bottom picture, Is that all stock piled Iron in the center of the pic. Looks like another 2 ships worth sitting there. Maybe my eyes are playing tricks on me though? They do that sometimes..lol~
No matter if we were current or not people still have a tendency to call agencies asking questions which puts pressure on CWRN. The agencies then call asking if they are aware of said calls from said persons. When calls are in the hundreds it can become painful for all. I agree, there are things that CWRN can do to alleviate some of the influx of calls. Maybe all this will put some pressure on Bob to release something sooner than later to help relieve the pressure he has come under.
Last year they were MIN2011001 & MIN2011002. Those were the Kriton and Loretta. The St. Marfa was CHA2012001. The Terminal will not release details of the actual CHA so i have no clue what the abbreviation represents for the cargo being moved.
I am not concerned with your comments about speculating he is keeping the PPS down intentionally by withholding forms and documents or what he can do to fix CWRN's status. I've heard it all a thousand times. Nothing new~
All I asked is that everyone lay off the phone calls as it does bring discomfort to all those recieving said phone calls. Let him deal with Fins and Ce removal at his own pace. I'm sure everyone here on this board will agree we would LOVE to see them removed.
But audited fins take some time to complete and there is no way you can release audited fins until they are complete. Thats just how it works! Everyone here knows this and everyone here knows that if the CE were removed we would be at a higher PPS...but its not. There is nothing you or I can do about it.
If you bought stock in CWRN within the last 2 years you have no room to complain seeing how no Fins had been released in that time frame and anyone buying stock in CWRN during the last 2 years should have been aware of the inherrant risk. This is Pennyland...This is the nature of Penny land. We buy stock in newly created companies and companies that have neen downgraded from higher exchanges in hopes of them becoming the next big thing or returning to thier old status and returning to the higher more distinctive markets they used to be in. This is the risk everyone in Pennies takes when they invest in Pink and OTC stocks. IT IS AND ALWAYS WILL BE THIS WAY WITH ALL PENNIES!!!!!!
I can name thousands that are current and reporting that have lower PPS than CWRN. So in my oppinion it makes no difference accept that we all have more time to load up on shares if you want to.
I reiterate once more that all I am asking is that the calls stop. That is the subject of my post...not to pout and whine about all the things we would like to see...the only purpose of my post is CEASE CALLS!
ALL IMHO~
DEVILDOLPHIN
Should be stickied!
VERY IMPORTANT INFO FROM BOB!!! Spoke with Bob yesterday regarding contacting Ensenada to get the shipping reference numbers for the ship. He seemed very on end and said that everyone that CWRN deals with has been recieving phone calls.
In his own words Bob said,
"Trying to run a confidential buisness with a couple hundred people calling everyone we deal with has got me up in arms, what happens each time is, the vendor, contractor, equipment company, shipping company and even buyers, have been called by someone asking questions, this often more than not, worries the people, standard response, what's going on, you having financial problems, all of a sudden they worry we cant pay our bills... Hell, they call the Mexican Agencies involved, Customs, Mining Office, and Environmental Office...hurts our reputation and puts doubt in people's minds we deal with about our company."
I informed Bob I would get the word out to try to put a cease to contacting all of these agencies as it could greatly interfere with CWRN's reputaion with regulatories and contracts. To all the shorters and Bashers I ask you to look deep inside and ask yourself, "Will you make more money shorting this stock or letting it get up on its feet and running at maximum capacity?"
Bob's last comment to me was, "Thanks for being a shareholder, everything is fine and bigger things in the works now,we will PR when its done///.......Bob
PLASE STOP CONTACTING ALL OF THE AUTHORITIES AND COMPANIES ASSOCIATED WITH CWRN! LET THINGS TAKE THEIR COURSE AND IT WILL GREATLY INCREASE THE CREDIBILITY OF CWRN AND ITS OPERATIONS.
Still havent had any problems at all with Etrade.
These are just beautiful pics Rocket! Looks like Bob is so impressed with everything going on he decided to rent a plane to fly over so he can get a birdseye view of all the progress and a better perspective of future operations!
Wow...I cant wait! I know sometimes I get excited but if this goes the way I see it going...you haven't seen anything yet! Haha~
GLTY as well my friend!
CWRN LONG AND STRONG
WOW...Awesome Pics today I see! CWRN is working super hard....I cant wait to see the PPS in 2-3 years...yet alone at the end of this year or even this summer for that matter. This is going to start its uptrend very soon IMHO~
CWRN LONG AND STRONG
I just bought another 41k shares. I will continue to buy when I can afford to do so!
CWRN LONG AND STRONG
Bob knows that me and several of my compadres here at the command are holding shares.
Good times ahead no matter what anyone says. Just cant believe all the hate mail I receive in my pvt inbox seems like a raid on me and I haven't done anything. All I do know i that if I was flipping I would tell everyone. No reason for me to hide anything. But my strategy is to buy and hold. Only invest in proven revenue generating companies that are undervalued and wait for the true appreciation to be delivered.