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Re: Sylvrewynde post# 2857

Wednesday, 02/13/2008 12:51:03 PM

Wednesday, February 13, 2008 12:51:03 PM

Post# of 91122
"Revenues to EXCEED $100 Million" " with modest expectations for production of ores."

EXCEED Being the key word

" with metal mineral prices at all time highs,

Iron Ore Price to Soar 50% in 2008
http://www.bitsofnews.com/content/view/6253

"only 60,000 dry metric tons of copper ore and 900,000 dry metric tons of iron ores would be needed to exceed $100,000,000.00 in gross revenues"
http://biz.yahoo.com/iw/080201/0356012.html

JMO but the $100,000,000 estimate was an understatement based on the surface observation.

"The surface of the mineral deposits contains many visual magnetite and hematite outcrops that are easily distinguished in the pictures. A magnet is shown attached to many of the outcrops verifying that the minerals are iron magnetite, gray in color or grayish/red in color where the iron minerals are mixed Magnetite/Hematite.
http://biz.yahoo.com/iw/080109/0346478.html

http://www.cottonwestern.com/baja-pacific-4.php
http://www.cottonwestern.com/baja-pacific-5.php
http://www.cottonwestern.com/baja-pacific-6.php

I'm figuring CWRM came up with the modest expectations of $100,000,000 estimate from the surface observations and the EXCEED $100 Million from the belief that there is much more iron and copper below the surface that's why they are having this done to get a better idea of the exceeding estimate that they may be able to give.

"has budgeted $300,000.00 for the Baja California iron deposit survey"
http://biz.yahoo.com/iw/080109/0346478.html

For all they know there could be BILLIONS below the surface so it would only make sense to have a
geological REEVALUATION done.

CWRM Needs to get started somewhere so they can start mining their other properties IMO

I would think multiple millions would be needed to mine all these projects and the few hundred thousand or so $'s they are getting from the sale of these low priced shares just isn't enough to get started. JMO
http://www.cottonwestern.com/geological_los_pozos.php
http://www.cottonwestern.com/geological_rio.php






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