Exactly! BINGO.....all day, every day!

I dont believe so. I believe its more of "I cant believe PPS is super bargain for so long!" Who said next time? As far as I'm aware its always said that "our day will come", not "next time." If I had the extra powder i would be grabbing more at this level but unfortunatly for me i must wait till EOM before my next buy. The words LONG & STRONG our burned in my brain! If its short n sweet then i understand those griefs.

Maybe the question you seek should be, "What is Bao Steel providing to CWRN!

Shall I begin my list? Lol'

I tell ya...thats one hell of a photoshop artist! Lol

If Bob would have been able to say 8 million dollars from 3rd ship in this PR would have had completely different reaction from public because public likes numbers but what he did say was tonnage and 6 day avg from landing +3/-3 days which is just as good as saying 7-8 million...just not as clear as public would like. I'll be looking for huge move in First Qtr with increased shipping and contracts.

Im gonna pretend this PR never existed. Just keep waiting for the one that has all the goodies. All the chatter about how this amd that arent in the PR is ridiculous. IT IS WHAT IT IS...ANOTHER 8 MILLION IN REVENUE! Thats what I read! Whats wrong with that? Everyone needs to read between the lines.

Yeah...this PR was cut to help stableize the PPS after yesterdays wild dip. Bob put this out im sure due to a rash of calls and emails informing him of the drop. I just hope everyone doesnt start complaining now that it doesnt say enough and then they go crying to Bob about it. I dont want him getting irritated thinking that everything he tries to do to help us is always criticized. He didnt have to do anything but he did. I for one appreciate his efforts. Drilling results still to come!

Well when fins are released its going to be epic!

Crude Iron Ore based on the Platt's Steel Index at landing on a 6 day average price, 3 days prior and 3 days after landing with a negotiated discount off Spot Pricing.

Well now we know the pricing we are using to determine the payment amount. I would estimate that when the ship lands it will be around Christmas and spot price will be back above 180 per ton. So 40-45k tons equals 7.2-8.1 million - the negotiated discount. And savings on shipping will give the company an 360-400 thousand.

Not Bad!!!

MBIO Index 17/11/11 $148.12/tonne MBIO Index 16/11/11 $145.67/tonne % Change +1.7/tonne $ Change +2.45/tonne The MBIO Index today calculated to $148.12/tonne cfr Qingdao on a 62% Fe basis, a rise of $2.45/tonne. We are continuing to see strong rises in the spot price of iron ore as the index sees a rise for the fourteenth consecutive day. The index has risen more than $12/tonne already this week, a record weekly rise, just three weeks after seeing a record fall of $25.80/tonne.

Year One ....2 ships out, 3rd on the way (15-18 million revenue), 150k-200k in the laydown yard (30-40 million in product for sale), proven 8-9 million tons w/estimated 39 million tons iron in the ground (1.28 Billion - 6.24 Billion @160 ton) When shipping gets on track and contracts get signed for regular shipments, Whoooooaaaaaaa!!!! O-Shazam...BINGO!

Should the US get engaged in rebuilding the aging infrastructure that is crumbling all over we could see potential buying of our iron from good ol' USA. Would be interesting. I love CWRN because it has long term potential and it is a stable market that growing countries will always have a demand for. CWRN..."In There!"

Wow..just think had we hit .007 today that would have been a 40% green day and it was sitting right there in our grasp at the bell. Well, there is always tomorrow!

Yeah its mighty thin all the way up. Every now and then you may have a million share block thrown in to block the rise but timing is key and you can really make this fly...as witnessed today. Very low volume every day for the last 6 months so proof that most have strong confidence and are buying to accumulate to their shares.

I believe the sells we have seen dropping to fill the bid are people that have been hurt before in pennies and believe the negative hype that some posters submit.

This stock has plenty of room to go before it even makes fair market value.

Cant actually tell but it looks somewhere along the lines of 720k shares. I didnt have my level 2 up when it happened because i was at work on my phone but from looking at the 1 day chart i see a dip to .0036 for that amount. Pretty hefty loss for someone. But you know what they say...one mans loss is another mans treasure!

Iron prices sure to surpass 150 by EOW...will reinstill confidence in those that sold early in month when prices were dropping.

So does anyone want to fess up on who got those .0036's?

Wish i could say those .0036 were mine...that my friend will pay nicely in the months to come!

Haha...im laughing so hard! Someone just bucked off 1 million share block and we go up 20% minutes after! Gotta be strong! STRONG! But inside i feel bad cause ive been that guy before and it sucks!

Looks like we're back over 6

Whoever is selling @ .048 might as well just set his sell @ .005 cause noone is buying either way or he should just cancel the rest of his order and hold strong.

And we continue to accumulate cheapies! Wow...lol. Well at least i can say this...they arent getting any of mine no matter how low we go! I'm scroogin on this! Bah Humbug! Haha. Sell me your shares weakies!

I can buy w Etrade. Havent had any problems ever and only $9.95 a trade. Takes 20 minutes to open an account and wire funds. GLTY....CWRN LONG AND "STRONG"!

Probably last chance to get 5's with PR expected EOM. Plus i dont think anyone wants to sell below in the 4's. Not unless its .04's lol! Can't believe noone is yelling dilution Ha-ha.

When everything is done being mapped on the surface at Nazerena, Bob will most definitly need to conduct a drilling program to determine best location and type/method for starting operations. I would guess that trenching would be conducted soon after surface testing and grid mapping is complete. My guess is that we arent hearing much on the Naz due to non-disclosure agreements in place. But my best guess for completion of surface and trenching on such a large parcel is end 2012 early 2013. If Bao Steel is involved in Nazerena with the deep pockets they have we could very well be in production by 2013. May explain why Bob was so enthusiastic about getting things going by the end of this year thinking Bao was ready to jump right in and finance the start up. Cant blame him...if the 2nd largest steel producer in the world contacted me i may have been a little flabber gasted as well. Thinking more realistically now since he was approached by Bao he most definitly has a new time line and probably can not mention it due to afore mentioned NDA's. This is all just my oppinion though of course.

Not to mention that if production continues at the pace it is now they will have to ship more ships next year to clear room for new crushed product. I couldnt imagine Bob sitting on 1/2 million tons of crushed processed ore. Then again it isnt unheard of for startup companies to stockpile huge amounts of ore before they sign contracts to ensure they are able to meet demand and preserve the company name with the big boy buyers. I believe this could have strong positive impact for contracts. Every miner should have stockpiles to prove they are legit to buyer.

If its anything like the operation that just started up in Siera Leone which is about the same size as Nazerena we could definitly see a huge boom in company value. Would love to hear reserves in the billions of tons. I believe nazerena was most definitly a part of Bao's purpose for visiting.

I do believe the selloff is complete. Time to turn around and head back north with the PPS.

Everyone...dont forget Nazerena! What do you think estimated iron reserves are on that baby?

Prices going thru the roof just in time for 3rd ship. The way things are going we may see that 200 mark that was mentioned by EOY. If iron goes up to 200 and we have estimated 200k tons in the laydown yard.... If my math is correct 40 million in product for sale. Would be nice to see that 32 million dollar qtr in 2012! Lots of good to come here with CWRN. Anyone who is lucky enough to get below .005 is frickin lucky!

MBIO Index 16/11/11 $145.67/tonne MBIO Index 15/11/11 $141.04/tonne % Change +3.3/tonne $ Change +4.63/tonne The MBIO Index today calculated to $145.67/tonne cfr Qingdao on a 62% Fe basis, a jump of $4.63/tonne. Today's rise is a second significant jump in the index in two days after seeing a rise in Australian spot material yesterday. As was the case when the market was falling, material from other origins is following the direction set by Australia material. 63.5% Indian material has been assessed today to be in the range $148-$150, a jump of $5/tonne on yesterday's assessment of $143-$145/tonne.

Maybe see 170 + by EOM! Go iron!

Will be looking for iron prices to pass $160 by EOM and with rising iron prices will come renewed interest in iron producing companies, which IMHO means new buyers, and just in time for shipment number THREE!

Keep your eyes on the horizon boys...I do believe I hear the sound of a Fog Horn in the distance!

Common sense would say that anyone buying now is well aware of the potential of week support and would only be buying to add to their position or make an initial purchase into CWRN; and the fact that they "should be/are" well aware of any risk involved at this point only strengthens the .005 level as good support INHO.

Anyone willing to drop to a bid that is a 48% loss from where we are now is ridiculous....ubsurd....outrageous for that matter!!!

If someone were to drop out and take that loss then I will go with bounce play and I believe BIG BOUNCE.

BINGO! I love that word...I may have to go play some this week and kick some beers back with the granny mafia! lol

Looks like its gonna be time to pick up some more soon. I may actually meet my 2 million share qouta that i set for myself! Wow...may even bump up my goal to 3 milly.

MBIO Index 15/11/11 $141.04/tonne MBIO Index 14/11/11 $137.61/tonne % Change +2.5/tonne $ Change +3.43/tonne The MBIO Index today calculated to $141.04/tonne cfr Qingdao on a 62% Fe basis, a jump of $3.43/tonne. Today's strong rise coincides with an increase in Australian material hitting the spot market after a short period of lower volumes compared to those seen as the price was falling. 63.5% Indian material has been assessed today to be in the range $143-$145, a narrowing up on yesterday's assessment of $143-$145/tonne.

Does any one have the lat/long for me to google earth Baha 14?

Bob needs to start posting all these pics to the company web site. Would do wonders for visibility of ongoing operations and wouldn't cost him a cent.

Let it be a Panamax! Thanks for the pics Rocket.

Sucks....cant wire any money into my etrade account to use for today due to observance of veterans day. Well...I guess I'll grab another 200k Monday!

Wow thats a lot of Maybe's in that post surebob! Didn't answer any of the questions I asked.