... it's a big blue watery road ...
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CWRN momentum is getting stronger.
Check out CWRN chart.
CWRN getting momentum.
If I could tell when stocks "top off," I would not be posting here right now :) One thing I know is that CWRN is just getting started. The news about iron ore production and revenues are yet to come. The buying right now is by the people who want to get in ahead of all that good stuff.
Hey Angler. Looks good so far.
"Cotton & Western Mining conservatively estimates usable iron ore from Baja NO. 4 and 14 to be in the 7.5 to 8 million dry metric ton range."
http://www.marketwire.com/press-release/CWRN-Cotton-Western-Mining-Inc-Projects-Additional-One-Million-Metric-Tons-Usable-Iron-984505.htm
8 million tons of ore at $177.42 per dry metric ton right now. You do the math.
There are some SERIOUS REVENUES to be produced. Let's see how fast can Bob get this ball rolling.
Here is some of Bob's projections on revenue.
http://www.marketwire.com/press-release/Cotton-Western-Mining-Inc-CWRN-12636000000-Revenues-Projected-on-first-2808000-Metric-975457.htm
As to the potential revenues, just go back through the PRs in the iBox. Granted, none of those projections came to fruition. But, in my opinion, we are as close as ever to CWRN leaving the developmental stage behind.
Lots of potential here.
CWRM Acquires $80,000,000.00 Baja Iron Reserve / Mineral Rights Agreement for Baja Pacific No. 14
www.marketwire.com/press-release/Cotton-and-Western-Mining-Inc-882808.html
This is just one of the mineral deposits CWRN owns rights to. They had recently added another prospect as well.
www.prnewswire.com/news-releases/cwrn-prospect-el-diablo-del-sol-shines-bright-in-the-hot-desert-sun-64201697.html
I'm personally waiting for 5 cents before I even consider selling. But we won't get there until the revenues are generated. This summer, I hope. But this kind of gains is certainly worth the wait.
Am I the only one left here :)
Maybe some sweet news are closer than we think.
There aren't too many eyes on this right now. Mere 102 board marks, and hardly any public posts. I wonder who is buying?
Looks green enough. It really is shaping out to be a break-out. About damn time.
Mysterious silence, huh :) Well, it's better than endless excuses and promises. I think we are onto something here. Something big.
Very nice buying in CWRN.
CWRN. Looks like it's breaking out.
Nice action in the past couple of days. Buying ahead of the production news.
CWRN Persistent buying ahead of the production news. Check it out. Idle times are over.
CWRN Persistent buying ahead of the production news.
CWRN is breaking out!
CWRN is definitely getting some momentum. Production news soon.
We might see some good 0.004s by the end of the week.
Nobody is selling right now. Everyone wants to see more news.
Same here. I think this has much more potential in the long run than small profits one might be tempted to take on occasional spikes.
Another good day here.
"The Top-Performing Commodity (Hint: It's Not Gold)"
http://www.fool.com/investing/general/2010/05/03/the-top-performing-commodity-hint-its-not-gold.aspx
...buying mining company shares at reasonable prices is an attractive way to get hard-asset exposure...
CWRN at this price has huuuge potential. Let's hope that Bob's "end of May" is something real this time.
iHub shows 5.4 mil. in buys today, very little sells. Now, when all the pumping dust has settled, we might be heading in the right direction. Bob promised production in 30 days, that might be the shortest deadline he has ever set. We'll see.
CWRN NO PUMP this time - just some steady buying ahead of the production news.
No pump. Solid buying. Nice.
I agree. That's what I'm waiting for - some nice, solid, no-fluff PR about the permits or actual production. My average is higher than yours, but if Bob goes through with his project, anything around these levels will be a huge bargain. Once again, we'll just have to wait and see what happens.
Yeap, you missed the momo, Klin. Pizzabuster, moneycoach, and the rest of the crew reaped the gain before you got here. I'm holding long, so far I've been through several spikes, but I'm not selling just yet.
Yeah, 4 cents would be nice. But that would put CWRN and nearly $100M market cap. Right now all Bob has is his idea, and perhaps some connections here and there. Nothing worth $100 for sure. If he does go through with his projected revenues, then this market capacity would be a reality, but that is yet to be seen.
I like gambling myself. I have rather big ticket here, but I take realistic perspective on what is going on. With every month passing by, our tickets are getting closer and closer to being mere pieces of paper. Though hope is the last one to die, they say...
That is for sure, it moves very easily on good news. The problem here is that Bob doesn't know what good news is. Every PR seems to be a reworded previous version with an additional advancement of the deadline. Let's hope he has something solid to say in May, since it's just another deadline he had set for himself.
There is no hope in this until we see some news about the actual production in process. One can either buy this lottery ticket and wait for the drawing, or stay away and save themselves some stress of watching it fluctuate +/- 75%.
I think the actual permits is not something Bob is planning to PR. It seems that he will go straight for "We are mining" kind of news. I certainly hope so :) We got another month to find out.
Thanks for the heads-up.
True. I am long in CWRN though. At the end of the day, when all the pumps and dumps are through, it is the revenue that determines the value of the stock. CWRN promised to begin generating that revenue in the next month or so. So, I will stick around. All the pumping is just a side noise.
Whether someone is pumping this or not, the company just announces the production to begin in May. Great news, if you ask me.