Uh, Janice, hate to break the news but Baja California Norte is in Mexico not Canada.

It is not odd, is a BC truck plate which begins with 2 letters..

Just ask Pesquero for the true story

"I believe" you just make all your "research" up? What port is only 7 meters deep? Singapore? Hong Kong? Shanghai? ANYONE with a computer and two minutes can see you don't know what you are talking about.

And your point is that imaginary haul road to an imaginary floating port is a good alternative to the Port of Ensenada for Baja 14 like Micro does in his "Plan B"?

I thought you said the port was in Puertecitos per Bob Cotton. Add 50 more miles to your calculation. Now you have a 360 mile round trip to a non-existent port. You think that is cheaper than just going to Ensenada?

Second largest port is only 7 meters deep, huh. Which port was that again??

Singapore? Nope 16 metres
Shanghai? Nope 15 metres
Hong Kong? Nope 10.8 metres
Shenzen? Nope 10.7 at the terminal
Busan? Nope 9.5 and 15 at the container terminal
Guangzhou? Nope 13.7

Any wonder your posts always help to tank this stock

Then why can't you get enough material to fill a ship? I-Hub chatroom BS does not a ship load. And it is obvious CWRN is struggling to find enough ore to be able to start trucking.

No loaded ship will be leaving this June - and you can take that to the bank.

Yes.

Uh,wow,you are getting smarter. you made my point. CWRN hasn't shipped anything since the Kriton, despite their 1000 ton an hour capacity. Guess they should have drilled first.

So Bob is learning that mining without drilling (like at Guadalupe) is a BIG MISTAKE? Good for Bob.

Too bad he can't find any DSO ore, he should have done some drilling prior to this fiasco. If he would do some drilling and actually prove out a deposit of high grade ore then maybe this dog could hunt. Until then......

" have not reached bottom yet-and said something about 450 meters deep."

I guess I will have to "invest" in some much higher hip boots if that is the case. I hate it when the BS runs over the top of my waders!

Permitted I am sure.

Ridiculous is the fact that you cannot do a simple Maquest or Google Earth so I will do it for you. Go North via San Felipe or South, it just doesn't make much difference.

http://maps.google.com/maps?f=d&source=s_d&saddr=San+Quint%C3%ADn,+Baja+California,+Mexico&daddr=San+Felipe,+Baja+California,+Mexico+to:Puertecitos,+Baja+California,+M%C3%A9xico+to:San+Quint%C3%ADn,+Baja+California,+Mexico&geocode=FZtk0gEdLtgW-SkBqUR2igomgTFNOQ0Sf4VUjA%3BFa9n2QEdNqsn-Slxc9vfPBwpgTEyKcIzqepdCg%3BFc4BzwEduIgq-SldCrtuvcMugTHCMXXS8EqGsw%3BFZtk0gEdLtgW-SkBqUR2igomgTFNOQ0Sf4VUjA&hl=en&mra=ls&sll=30.859795,-114.439087&sspn=4.417583,4.987793&ie=UTF8&t=h&z=9

"chart up is dead ...prices will be under 0.0070 today...first target 0.0020 0.0040"

You don't know how to read a chart ..or do you
.0066 and falling

Rocket Man please call Bob and have him send some more pictures of dirt!

Every time someone brings up trucking the PPS goes down. I guess people don't like to be reminded of the fact that CWRN can't produce even enough ore to make a partial shipment.

There is no buy back, never will be one either. Haven't you read the PR's?? There may be a merger, in that case obviously current CWRN shareholders will be diluted way down at no cost to Bob- so why would they do a buy back?

Great logistics for a new mine. Are you guys serious???

What new port are you talking about? Do you have ANY idea how far it is to truck from Nazarena to Puertecitos? Naz is 40 miles from San Quintin and the "plan" is to truck 350 KM (the first 75 or so basically is a goat trail) to a port that doesn't exist??. There aren't even any direct roads.

And why would anyone ship out of there anyway, even if there was a port-which there isn't.
Look at a map it is about a thousand miles out of the way on the wrong side of the Baja.

I have been analyzing this situation all weekend and have come to the conclusion that the current CWRN Shareholders stand a better than even chance of getting seriously short-changed in any transaction where Bob merges CWRN into a new company (as announced 5/26/11)

11/22/10 “it is doubtful that the Company can remain on the Pinksheets past 2011. In the event that the Company does move to another index, current shareholders shall be issued the new listing common shares in proportion to their holdings”
(This might have been OK)

2/28/11 “management has decided to disclose to the public that it has paid $30,000.00 in mineral taxes on the 21,000 hectare (52,500 acres) "Mina Nazarena" as part of its contribution in a Consortium Group that is planning to develop the large iron mineral deposit within year 2011…….. pending the investment strategy of its U.S. investors which have indicated to management, that they are willing to go the distance on larger iron mineral projects”
(This started getting me worried)

5/26/11 “The company will be merging into a new mining company that will be involved with several other iron ore mining projects and will be an SEC reporting company listed on the OTC:QB;
(This is a disaster waiting to happen)

Why? Because Cotton can value the NEWCO’s assets (mainly their participation in the Nazarena consortium) at a sky high valuation and the CWRN assets for next to nothing (as CWRN assets actually consist of nothing more than a couple of pieces of used crushing equipment, because most of the rest of the equipment is leased from Cat and the mining concession is also just a lease from someone else), thereby converting the CWRN public shareholders into a tiny minority of the shareholdings in the NEWCO.

Think about it. Why would Bob decide to give away a huge chunk of the NEWCO to his old CWRN shareholders. He might figure “they had their chance to get out at THREE CENTS, and if they were smart they should have.” And don't forget he has a bunch of Partners in the NEWCO Consortium and they are certainly going to demand those as many of those shares for themselves as they can get!

Somebody (Rocket Man)needs to get a CRYSTAL CLEAR answer from Bob about how this will go down (good luck), and WHY would Bob even lift a finger to raise the “pre-merger” PPS ??

My guess is in the short term, it looks like Pesquero’s going to get his money back, and in the long term current holders could end up with very little percentage of the new company. But I am always ready to hear another reasonable view of the matter.

Wow, only 80 KM from Naz to a port on the Sea of Cortez, that is a close as Ensenada is to Baja 14. Good news!!

http://www.puertoensenada.com.mx/English/storage.html

The rates quoted by would be Mexican pesos not dollars. Here is a link to the facts for those who care to know. The exchange rate is 11.8 pesos to one dollar. The storage for bulk minerals is basically free. Balihi doesn't know what he is talking about regarding the storage or any other facet of CWRN. He should have the CE put on him

THis is how DD is done. That is why IO am pout of this stock.

Fine, don't screen your pile of dirt and try and sell it. Bob already got all the easy ore on the surface veins and there isn't any more DSO on the site. If there was he would have shipped it. Those screens are supposed to do 1000 tons an hour. Do the math, everyone else has and has bailed out of this disaster.

The Port of Ensenada storage fees don't amount to anything, call them and ask. it is public domain. You have the lamest excuses I have ever heard. Are you by chance being paid by Bob Cotten?

I could also guarantee that there is MORE than 30 tons ore there, the problem is that it is low grade that can't be sold until he runs it through the mag separator a few more times.

CWRN only leased a mere 500 acres that nobody wanted, all the good material is next door. That is why they aren't shipping. Get a clue.

I like the part where Bob is peeling 10% off the top. What's that 500 grand? Way to go Bob! So much for buying back shares gang. hahaha

What are you smoking? You think Bob is going to buy back shares at 10 cents when he can create them for free? hahahahaha

Pesquero will be back to collect on his $1000 bet, there is simply not enough ore being produced to ship in the near future. Currently the main product of CWRN is fertilizer - generated by Bob Cotten and some of the uninformed pumpers on this board! Too bad it isn't worth anything, like CWRN stock will be in a month when the second ship fails to materialize..

Most people with telescopes within 5 miles of Mina de Guadalupe would refrain from betting $1000 on the internet, especially after well into the second bottle of L..A. Cetto!

You are just plain 100% wrong about the DSO ore needing to be 100%. surebob is correct.

High grade ore 63% -65% can be DSO, the lower grades requires benefication, i.e. crushing, separating, etc. Learn just a little about mining and quit spreading incorrect information.

I will take some pictures of the highway with no ore trucks on it for you.

I am staying in Erendira, I pass the mine site often. And yes the highway trucks are not running.

You make my point. Where are the highway trucks, they sure aren't on the highway to the port! No highway trucks= no revenue.

The main thing on Bob's mind is "why didn't I do some exploratory drilling so I wouldn't have ran out of ore this fast?"

That truck has been in the same place for weeks now. Better wake up the driver from his siesta and tell him the port is 60KM north.

"CWRN - Information exists beyond this board that a second shipment will be forthcoming for materials being processed at the site."

That is the most obvious and meaningless statement since the Kriton. Any material for a "future" shipment would have to be processed on the site. And what does "forthcoming" mean other than at some unknown time in the future. Is this the best the pumpers can come up with now? No wonder CWRN stock can't attract any buyers.

Common sense would tell you that if there WAS any ore they would be trucking it to the port and shipping it, not "stockpiling" it at the site for a rainy day. It has been 40 days since the Kriton docked, any reasonable rate of production AT ALL would have had a shipload at the port. Face the music, Cotton just ran out of easy ore to mine and has to regroup.

Just call the Port (011) 52 646 178 8801 or send them an email asking for the tariffs. Funny that all these people who are claiming "DD" never actually did any other than read Bob's propaganda.

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