Cotton & Western Mining Inc. (CWRN)

[Zunobira]

2007 iron ore spot price
Anyone knows whether 2007 delivery price is settled up? Iron ore price is set up usually in Q1 of each year and remains unchanged thru out the year. They were negotiating a 10% raise for 2007. Take a look at the iron ore price raise

2005: 75% raise, RIO delivered to China
2006: 20% raise
2007: negotiation for 10%.

CWRN now heading to promised land. I feel very confident about this company.