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Re: microcaps1 post# 90834

Monday, 11/05/2018 8:49:11 PM

Monday, November 05, 2018 8:49:11 PM

Post# of 91121
ole Bobby had no control over the shipping because of the lack of funds or the credit to charter a ship, so he sold FOB, which means CWRN never ever came close to the 175 per ton that you claim they received per ton.

In fact, CWRN sold low grade iron ore with sulphur which is the problem for every iron ore mine in Mexico and as a result and it was discounted from the standard 62% Fe price along with a further discount for the sulphur.

Ole Bobby said in his PR that the ore was sold according to " the contract": which means he was ashamed of the grades and didn't want anybody to know.
Why the need for a highly modified trommel when you claim the ore was 64.5%
Just crush it and ship it. No need for super super fines ( aka, dust )