Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
They need another few month to truck one ship load to the port. Meanwhile there's plenty of time to buy below 0.009.
Eventually yes. Meanwhile PPS may visit twelve or even lower.
Due to Bob's history of dragging his feet "near term" means a few month. LOL.
No ore left at the port.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=61746128
At his discretion he already brought us to date today. Couple this with the fact the ore pile is gone from the port,Bob needs to get the funds yet in order to proceed with more mining,trucking and shipping.When? It's everybody guess. Keep in mind it took him almost six weeks to get enough ore to the port just for one ship.While the possibility of more shipping is remote,the reality of a short term lull is much more evident for the present time.
Tomorrow down to fifteen possible to twelve.
As a public company Bob has a fiduciary duty to divulge any material info. provided he has them.That's right,we don't want to put words in his mouth.
I want to hear this directly from the horse mouth, not some personal opinions on this board. Rest assure if payment was received Bob would had made it sure we know.
Thanks Pesquero. You da man.
Apparently CWRN will get paid based on ore quality upon delivery at the buyer own determination.That's why Bob didn't PR the next shipping date since he doesn't have the money for down payment. Meanwhile he's cleaning the mine of those fine hoping to get someone to buy it.
Conspicuously no one here is updating us with a new pic for the pile ore left at Ensenada.Did Pesquero take another vacation?
You mean ship went to China on empty?
The point is not if Kriton already left but the perspective of a PR detailing next shipping(IMO second half of April) and company name change.
Only if the ship sink into the ocean'depth or it is seized by pirates.
I doubt this will fall below two.Once ship leaves the port we can expect a PR with a clear direction short term.
Money (about $6 million from the first shipping)will be in the CWRN's bank acc. once ship living the port??
Huge spread bid and ask-favorite MM's stalling tactic.
Here's why is going down (dilution to raise capital):
Liquidity and Capital Resources
As at the nine months ended November 30, 2010, our current assets were $227,429 (2009 - $23,034) and our current liabilities were $414,416 (2009 - $1,121,042), which resulted in a working capital deficit of $186,987 compared to a working capital deficit of $1,098,008 in 2009.
As discussed above under "Plan of Operations", we estimate that we will require approximately $1,000,000 to pursue our plan of operations over the next twelve months if we complete Phase I only, but approximately $2,000,000 over the next twelve months if we also proceed to Phase II. We intend to apply the net proceeds of our recent $2,050,000 private placement to fund the Phase I and II programs, but we may require additional financing within the next twelve months.
Total Stockholders' equity (deficiency) increased from ($998,008) for the nine months ended November 30, 2009 to $5,018,280 for the nine months ended November 30, 2010.
0.03 coming before Thursday IMO.
With only three days till shipping there was talk of PPS dipping? Some peeps still need to learn.
Welcome to the capitalism,the most organised crime form in the world
controlled by and in favour of a few elitists. Greed is the name of the game.China managed to walk a fine line by not entrusting everything to crooked and greedy entrepreneurs nor giving up everything to equally crooked gov. bureaucrats.
SEC is too narrow mind to figure it out.
CWRN chart TA pointing up on all ind.
Next PR will inform us of shipping frequency and company name and cusip change dateline IMO.
Next week we'll find out if Bob is totally incompetent or somebody else is calling the shots for this operation.
That's been aggravated by some confusion here regarding shipping. Per Bob, shipping is for this month with Kriton but per Ensenada update Kriton is due April 24th. So who's right?
Will help a ton if Bob will PR the exact date of shipping,if a delay so be it.
Let's have two shipping/month and CWRN name change to whatever. That will take care of CE and everything else will fall in place.Per one poster's pictures today it seems like those iron piles at the mine are big enough to keep shipping busy for next few month.Couple this with mine extension-production increase and in a few month most here will be happy campers.
I finally talked to Bob. Just got off the phone.He clearly stated to me the deposit has been paid and the ship is on it's way to port.
And yes, shipping will start this month. For CE removal he's working on it.
I reckon from your post the deposit has not been paid yet for the ship.
Ship delay is already factored in.
There's about 4,932 nautical miles from Tokio to Mexicali w/12 nautical miles/hour about 288 miles/day need about 17 days just in time for March 25th. if it goes straight to Ensenada.
http://www.timeanddate.com/worldclock/distanceresult.html?p1=248&p2=154
Darn. Now we loose the bid and ask. Thanks, Bob.
DTCC created us perfect conditions for a strong fundamental company.
Another fluff PR. Late stage negotiations? Hey Ceo, it's time to show us the beef.
I'm talking about perspective and potential. You're already paying a premium.For what PCFG accomplished up to date MC shouldn't be more then five million.
It sounds good but the MC is still high IMO for the present level of operations..
I would be content with a market cap. reflecting the one year gross revenues(still a solid double for PPS from here) unless Bob keep expanding in another mine per one of the PR's..
What a crock and trading on the big board? It makes Pinky stinky stocks crooked CEO's pale compared to the big board. No wonder lately I'm making a bundle in the pinky land.
Mayo denies test link with Radient while Radient reiterate test link with Mayo. Who's lying?
It still has to show a product compared to SOME that can show a huge pile.