InvestorsHub Logo
Followers 13
Posts 1941
Boards Moderated 0
Alias Born 01/17/2009

Re: None

Monday, 07/27/2009 10:35:17 PM

Monday, July 27, 2009 10:35:17 PM

Post# of 91121
Projected revenues are nice for CWRN:

Cotton & Western Mining recently projected revenues in excess of $126 Million based on an average base price of $45.00 FOB Mexico, per each dry metric ton sold on a guaranteed 64.5% Fe (iron content) with bonus payment of $0.6976 for each 1% Fe content above the minimum contract specifications. The average Fe content as tested in 2008 for Baja NO. 14 is 67% Fe content.