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MORE SPECULATION!?!? BAO visited the mine, we all know that. We also all know that there has been no contract signed with them.
Followed by more speculation with no proof....
Those with ears to Bob's mouth are the ones who always look on the bright side instead of the facts because they think they have an 'in'. They don't realize that Bob is doing that only to suit himself and disseminate the info he wants to seem like insider info. He'd PR anything important if he had anything - hell, he'd profit big time if the sp went up being the top sharehoder - but he needs speculation to cover for the lack of real news or progress. That part he leaves to his minions.
Did I miss that shareholder meeting? Oh wait, we never got notice cause zero has happened since this PR in may 2011. thanks for reminding us Micro.
Great post, except no where does Bob actually mention in that message that he has or will sell any of it. What is the hold up? Where is the REAL proof of production - and I don't mean pictures of dirt - I mean A PR OF REVENUE from these claims.
Not judging by today's volume, 11:15am and zero volume so far. I think that shows the confidence in buying and holding at this point in time. Bob should have fixed at least ONE THING in over a year, yet every single thing is still outstand, as is shipping now which he at least managed to do twice last year.
Are you suggesting that the .pk drop somehow has anything to do with CWRN whatsoever? It was done across the board to all .pk stocks.
Full reporting was promised about 2years ago. Not only has it not happened, Bob has stopped talking about it in PR's since last year, so don't hold your breath that it will happen any time soon, or even at all.
Wrong. .pk was dropped from ALL stocks 2 days ago.
Quick buck? No one but Bob had promised all of these things back since March 2011. It would be one thing if there was speculation and shareholders ASKING for this stuff, but BOB is the one who came out with it over a year ago. So again, no one has made a quick buck nor is the complaints due to the fact that there isn't a quick turnaround - it's been well over a year for all of these failed promises.
Pictures for CWRN are no longer worth 1,000 words. Haven't you noticed the sentiment here? Words from Bob is what is needed at this point, not more pictures with nothing to back them up in revenue.
Exactly. No PR...Nothing saying anything about the magical shipments that supposedly happened since Nov. either, but people still keep saying it happened - why weren't they PR'ed?? And BAO - don't even get me started. There is a constant implication that we are making money because Bob had them down to the mine for drinks. 'These guys don't just go to every mine, they are big boys' is what keeps getting said - except the fact that this is their job to scout prospects. That doesn't mean after being there we are a good one. When you look at the facts we have from PR's, it's not a pretty picture right now, which is why we get pictures of dirt instead. Facts. Everything else is speculation, fictional dreaming, and an effort to keep things positive. I'm all for the level field on sentiment, but right now, Bob has left shareholders with nothing to confident in.
Looks like .004's are a distant memory. Maybe next week 003's will be a memory too. Sad state of affairs. Great plan Bob.
Neither, my oppinion is my own and it was simply stated out loud. Take it or leave it, I am offering nothing and it is for you to decide what risk is acceptable to you and your investment as I will do with my own.
So we should just forget the timelines and promises he made then? You are saying it's OK to lie to your shareholders and/or mislead them? Just making sure I understand you correctly. These things weren't asked for before BOB put a timeline out there for each item. Get them facts straight.
I still find it amazing the people who stick up for the way this company is managed. It used to be an aww shucks thats cute, now it's just hilarious. I wonder where we will be by summers end if the 5% per day downward trend continues - delisted? Who will cheer for Bob and try to spin it as 'a good thing' then? Truth is, Bob is barely afloat. That's why there is no news. New equip is not owned by the company and it's just barely helping pay the bills. One mistake and this company will be insolvent. That's what everything is pointing to imo.
That would be the sensible thing to do, but then again so would shipping ore instead of waiting for who knows what.
The next time this will rise will be based on when Bob's coffer is low and he needs to refill for his personal wealth. At that point, his hand will be forced and he'll have to make due on at least one promise out of the 5-10 outstanding ones. Either way, Bob wins and in the mean time, we lose. Clearly, shareholders don't matter to him, going public was just a way to raise capital to enrich himself in the end. Pretty smart so far, and if the SEC comes knockin, he's in mexico. Very convienent. I regret ever buying into this scheme, too bad I'm so heavily invested right now. Of course, I could dump all of my shares and really tank the sp. Wonder if bob would take notice then, probably not, he'd send me a picture of a pile of dirt. ha
Excellent summary!
With an utter lack of responsibility to shareholders, our lazy CEO is killing this company. His koolaid drinkers always point to some phantom market manipulator and forces out of our control. Meanwhile, the things that are in our control, like the fins, CE/Uplising, buyback, actually SELL ORE and COLLECTING REVENUE, these things continue to go by the wayside. '3rd shipment imminent!!' ::laugh::
Those pesky market phantoms..they really are killing the sp you know. LOL
Is that what we are calling it these days? I have a confirmed connection with Lamborghini because I have pictures with one and I discussed buying one. No contract though, and no obligation by either side. Get it? This is what Bob did at his last tenure too.
That's funny. Bob can't even produce now, but he's going to ship into high gear if the market and economy dictate it nessisary? LOL. How about getting into high gear with the fins, uplisting/CE removal, buyback, etc etc etc. Bob has one speed - very very very slow.
What an ugly day. Is there any light at the end of the tunnel? Hey Bob, where are those fins? That's about the only hole we need you to get something out of right now while the rest of us are taking a bath here.
My vote for best post of the year was when someone asked why Bob can't turn the camera on to the financials and send out pictures of them instead of dirt piles. Maybe a board poll is in order? LOL
BINGO... And not the dog. We are in freefall at this point.
I've asked him a lot of things, he never responds because they are tough questions that he doesn't want to answer. JohnCM said he emailed the other day for some info and had not heard back either. Good communication Bob has, back channels when he wants to mainpulate and no PR which would destroy sp.
I'm sure we can get more pics of dirt though if you ask. You know, more of the same.
So I ask again, why is it that for shipments he PR'ed, he was able to get pictures taken, but he's not willing or able to do the same thing now? I don't care whether it was always forbidden, he did it before for both PR'ed shipments. You guys are claiming there have been more shipments that haven't been PR'ed, yet, no pictures. Don't you find that odd? Seriously, don't you atleast wonder at all?
We know it has sat there for months on end from previous PR's and your cherished emails from Bob. What's to say it's not still sitting there? Remember the claim that there is charge for it to sit there as long as Bob wants? Looks like it probably is. The rest of it just keeps getting moved to the laydown etc on site.
Either way, it hasn't moved to a ship, and that's all that really matters, right?
Just like months ago, this is great, but only if it really does ship. It's what I've been saying all along, if it never gets loaded on a boat, it's just wishful thinking.
Two shipments, two sets of photos from them. You're telling me that I'm supposed to believe that he couldn't hip shot one or two photos this time, the time(s) when un-PR'ed shipments supposedly went out? And I'm not supposed to question that and think it's convienient and terribly fishy that there aren't photos? That's some tough faith in a guy who doesn't really deserve it yet.
Agreed. So the question is, why is he waiting?
1. 'Quiet period' no longer applies per an email posted on this forum saying BAO wasn't going to do a contract with CWRN in the near future.
2. With all the talk of new shipments and money being made, you'd think he'd want to PR that if it were true.
So why hold off? Wait and see - this will be where others say we are lucky to get PR's once a year, and pictures because other miners don't even give that. There is always an excuse for this CEO out of the gang. I've stateted many times that I'm long here, but that doesn't mean I blindly follow and don't ask the tough questions.
What 'developments'? The imminent shipment PR'ed in the last PR we received in Novemember - 5 months ago? Wow, that's some serious developments.
No wonder why we were .0001 off from 52 week low yesterday, these 'developments' you talk about are really helping out the sp. LOL
August 8th was the last time we got news stating that there was a payment. Think about that for a second - August 8th. 8 months ago.
How do you rationalize this? How do you sleep at night knowing that our CEO is so lazy, he can't take ore that he already has piled up and make it leave to get payment?
So, again I ask, where are the pics OUTSIDE THE PORT FENCE since all of a sudden pics aren't allowed to be take inside the port for these un-PR'ed shipments that Bob has you all stoked about from back channel emails. Where are the pics of the trucks with ore rolling through the fence with date stamps marked in 2012?
Only .0001 off from the 52w low. Will Bob speak and stop the carnage, or will we set a new low before the bell, or by tomorrow afternoon?
Step up to the mic Bob. Tell us what you've been doing with our money in a public form instead of the pics none of us care about anymore. Speak to all, or even SOME of the previously PR'ed promises from 2011.
What indication? A few pics every so often so Bob can show something? You know, I've never seen anyone in that equipment in the pics, especially the trucks.
Bob refuses to come out in public and let people know what is going on, because the secret is that there is nothing going on. If there were, why not step up after almost 5 months and PR it? Isn't it in his best interest as the majority shareholder to have the sp go up? Hint: it's because when he does PR and there is nothing doing, his shares will drop too. He's lazy. It's clear in everything he does and the way he acts. Truely a shame too, cause we do have a good thing, he just has no drive to really do much about it except try to sell it at some point and move on to the next 'project' till he retires with a chunk of shareholder change.
Yes, I agree with you on the PR part. That would indeed be great. I highly doubt the buyback part though. There has been way to low of volume, and it looks like any money laying around is going into operations and equipment purchases. Buyback is the last thing that will happen imo.
Bob never replies to me, I ask questions that he doesn't want to answer. You are the picture guy, what else do you have? Pics of the trucks? Pics of the trucks at the gate at the port (which should be perfectly fine)? lets up the ante. Show me, cause I believe it's all nonsense at this point while everyone else is dreaming of icecream and lollypops.
No, you are being misleading because, yes, you're right! After looking back at the casual pics of Bob and Sharon (so someone ELSE took the phots) from the last shipments, they look really covert and james bond like! LOL all the way to the bank on that one. They couldn't look more relaxed like it was totally allowed.
You are really trying hard to gloss over the truths.
Seriously? Lets look at the 'truths' others are spreading now:
1. There have been 2 more shipments that haven't been PR'ed.
2. We received money from those shipments, also not PR'ed.
3. For these shipments, pictures weren't allowed at the pier or boat.
4. Take our word for it.
That's hillarious.
Where is the proof of this? There has been no PR with revenue information since the last shipments payment back in August. This is speculation at best since as you point out, you don't even know who the supposed buyer was.