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Just like all these so called iron ore plays in Mexico, I have yet to see an enviromental permit that will allow them to carve up the landscape. That means the gov't will shut them down as soon as they start mining. AND........where are the damm pictures???. ITS ANOTHER SCAM....just like CWRN
I have information from a very reliable source that NYMH will be part of a major lawsuit. Stay tuned. They will probably be out of business soon
when will this stock go to .0001?
This will be Bob's excuse for the next three years on why he can't get the permits. Same old story from Bob.
how many times do need to say to you people: he will need an enviromental impact permit first. If he doesn't have he will not get any large scale mining permit nor will be allowed to operate a mine. Most, if not all the countries in the world will ask for that. For all those people who claims to be talking to Bob, why don't you ask him that simple question. If he has one, why not show it to all who wants to see or post it on the web site.
The reason is that he does not have the permit nor does he have any claims.
Show me Bob's mining claim or any claim in Baja and I will believe it. Anything else is a big lie or scam. He has done nothing to indicate that there is an up and coming mining operation
That statement is a crock of shit.
As Bob's mouthpiece, you should come up with a better lie then that
It will never come. He will have more delays and lies
Says who? The tooth fairy?
good. I'm happy for you
you don't know Bob Cotton do you? You don't know what he has done in Manzanillo do you?
A very big daring project involves hundreds of millions of tons of iron ore. Bob's project won't even register one slight bit on the Chinese iron ore map.
Some people on this forum are so stupid. The email is is from a vaild ministry in the mexico gov't. If it don't work, then give them a call. How hard is it? Maybe call the manager or supervisor?
I have business in Mexico. That is why I know what I know.
if you have time to send me a reply, why don't you send an email to the gov't of Mexico to cofirm if Bob has the claims he says he has. Do your job as an investor
what a stupid question. If I did own stock, would I say all those bad things about the company.... what I did say is 100% true
Are you saying a few outcrops will produce 40,000 tons a month?
You should be pumping a few other stocks along with Bobs.
Have you ever been to Mexico? It doesn't sound like it. I have. People there will do things on a daily basis that we would never dream of doing, like driving on bad roads at night and much more. Yes the mayor would love to see Bob's gang. $$$$$. You act like they are upper middle class yuppie suburban Americans who will complain of noise pollution. THIS IS MEXICO WE'RE TALKING ABOUT. Are you that nieve? Even driving 30 mph, each truck can do about 4 loads a day, not one. Bob's vice president is also the chief mining engineer [ degree in mining and metallurgical engineering], he also has a chief geologist. So why does he need an independant report? Just to make you feel better?
Are you reading what you are writing? It doesn't sound like it.
4 loads a day? Are you serious? You think and assume like an American and that there will be no problems, that the drivers will show up, like the trucks will be in tip top shape, like you will not be stopped, like you will not slow down for traffic.... yes there is traffic in Mexico. Even if you assume 4 trips a day ( are you nuts? ), Bob will need a convoy of 80 20 tons trucks operating 24/7 ... assuming no breakdowns. I will bet my life there aren't that many available in Baja.
The main road from the highway goes thru the main portion of Ensenada. Moving around all that dust is exactly what will get the white folks along with the citizens up in arms in no time. If you feel driving in Mexico at night is safe, then you will get a job in no time for Bob. Good luck with the banditos. Are you that stupid? I have a mine in Nevada. I'm the chief engineer and geologist. I say there is 35 million oz of gold in my mine, but not independenly verified. Will you believe me? I bet that you will. Can I sell you some swamp land in Florida or the brooklyn Bridge?
Your arguments are all over the place with little substance to back it up.
1) Have you seen the web site? Bob loves his magnet. All those pictures of the equipment were from Mazanillo. Did you see the mess he left from that mine and the millions he wasted or stole? They still want his scalp. You assume that Bob has confirmed there are millions of tons of direct ship iron ore available. I don't see that yet. No drilling reports expect a few samples and those are suspect. No independent reports. In fact, all Bob has shown on his web site is a couple of outcrops showing something brown. For all we know, he could have sprayed some paint on it. Has he built any roads leading to the main highway? Not likely
2) Have you been to Baja to see how few roads there are? Do you know how far the mine is in relationship to the port and how expensive the transportation will be? Each 20 ton truck will only make one run per day. This means he will need 70 to 100 of these trucks.. i doubt he will find it. His bulk shipping cost TODAY for 40,000 tons is looking at min of 45 per ton. Do you, as a mayor of Ensenada want hundreds of 20 ton trucks driving thru the town 24/7 on its way to the port? I hope Bob has a lot of spare cash to pay off the federales on each surprise road check. By the way, the drivers or any citizen will not be driving at night in that area. Too dangerous. There is a good chance that Bob may be mining on ejido land.
3) By the way, why would Bob need wash plant? Bob is selling magnetite, not hematite. He needs magnetic separators. Is Bob selling lumps or fines? If its lumps, he better make sure and guarantee the iron content. If its fines, I doubt these portable systems will pump out the tons you indicate with one, or even three systems. What if they break down as they always do?
Is this convincing enough for you or do you need a business plan to spell it out?
agreed that you can start a mining company for next to nothing, but your views are also very narrow. My rant is on public companies like CWRN. You cannot produce the volume that Bob claims with small portable equipment. If he does not have the equipment, then he can hire companies that will mine, crush and truck to port, but prices will be much higher and quality may not be what is stated, especially in Mexico.
If he does not have the permits, then all Bob is is an agent. Nothing more. Buyers will see that in a minute.
Buyers from China will laugh if they see this equipment and will not issue a PO nor a LC. Ensenada is a small port that will hold a max of 45,000MT. Shipping to China will be very expensive.
add it all up and I smell a scam
Izip:
Maybe you don't understand the mining business or maybe you do, but looking for iron ore and actually mining it are two different things. Bob is claiming both which is a lie on both fronts.
He has not done any drilling of anything to prove there is a viable mine to spend millions to develop. The timeline on this is a least a couple of years. All mining companies would report this shit on a regular basis. Bob has done none of this, but these stupid people continue to buy his shares and that is what he wants.
Maybe I should say I should head to Baja and make a few claims, take a crummy company public on a reverse takeover and pump the stock like Bob has and make some easy money. Will you buy the stock?
Izip:
You proved nothing. Big deal. You gave some crummy web site that indicated nothing.
There is no iron ore mining in Baja and none in the near future until a larger port is built
If you think there is, please name a company that is actually mining and shipping one ounce of iron ore in Baja.
CWRN is a public company. They should have shown their mining claims, enviromental impact permit and finally their mining permit. Bob has shown NOTHING. This means the company is a SCAM
OK, name one company in Baja who is mining and shipping iron ore from Ensenada?
It doesn't matter what I say on this forum. Believe me or not, don't matter. If you invest in the stock, you need to do your homework. I have given you the contact name in Mexico City to confirm if he has valid claims or not. You need to email or call them. There are no iron ore projects now or in the future in Baja California. That is a fact.
His so called claim is many miles from Ensenada and Bob thinks he will ship this ore with dozens and dozens of trucks. Good luck on that in a corrupt, barely populated state of Mexico. Yes, there is mining in Baja, but not iron ore.
You guys need to realize that getting mining permits in Mexico will take a lot of time and money. Has Bob even shown the enviromental impact study to get the final mining permit? I think not. The gov't in Mexico will confirm this.
Sharon Vasquez is Bob's big tit mistress who has no knowledge of mining iron ore. She is just a figure head.....no pun intended. By the way, Bob also has a wife in Asia.
sorry... the contact person at the secretaria..
Ing. Silvia Leòn Resendiz
Department of International Issues
Mining Projects Direction
Mining Promotion Division
57299300 EXT 46212... Mexico City
sleon@economia.gob.mx
The lady speaks some english. Don't expect a reply until after new year.
Why hasn't anbody bothered to call the gov't in Mexico when nobody believes Bob to start? And why do people continue to buy these worthless shares?
If you want to know if Bob is lying or not, why don't you call up or send an email to the Secretaria de Economia in Mexico City.
economia@gob.mx
They will confirm to you that Bob has no claims nor an environmental permit. You need the later to get the full scale mining permit. Bob has nothing but air.
You are wasting your money on this POS
Bob does not own any mining claims in Baja. That is a fact. He is lying to all of you
Are you serious? If you really worked with Bob on Rio Fox you will know that Bob left such a mess in Manzanillo that they want his scalp. You will also know that Bob has not shipped one ounce of ore in his time there. Please show a bill of lading to back up your claim. Hard worker? Thats a good one. I think he was drunk most of the time.
Bob is lying about everything. His project is never going to get off the ground. He does not even have the permits to start mining. He is also lying about the China buyers. Bob does not care if any of the projects get off the ground. If it did, that would mean he has to get off his drunken ass and start to work. We know that will never happen
Bob has never sold one ounce of iron ore and never will.
You should talk to the guys down in Manzanillo and see the mess he left. Its not pretty
Bob is counting on the SEC to do nothing and even if they did, all he will get is a slap on the wrist.
Saying he is mining iron ore is just a means to steal your money. He has no intention nor will he ever mine iron ore from Mexico as its not cost effective from his mine. Its like selling Florida swamp land
use your stock certificates as toilet paper because the chances of Mr Cotton shipping iron ore in this business climate is beyond zilch.
No company will fund him nor buy from him. There is too much ore on the market right now and the prices are going way down for next year.
Bob Cotton will never ship from Mexico because he has no intention to do so. Ask anybody in Manzanillo what a mess he left down there and how much money was wasted. Its not possible to ship the quantities of iron ore he claims he can from Ensenanda, no way. Do some reasearch and you will know why
Take you money and go play some slots as you will get a better chance at making money.