Thursday, May 06, 2010 1:55:12 PM
"Cotton & Western Mining conservatively estimates usable iron ore from Baja NO. 4 and 14 to be in the 7.5 to 8 million dry metric ton range."
http://www.marketwire.com/press-release/CWRN-Cotton-Western-Mining-Inc-Projects-Additional-One-Million-Metric-Tons-Usable-Iron-984505.htm
8 million tons of ore at $177.42 per dry metric ton - the number is in Billions. And those two mines are just some of the company's assets. For the complete list see:
http://www.cottonwestern.com/iron_mines.php
There are some SERIOUS MONEY to be made by CWRN. The company is not in the business of selling some $5 car wipes, it will sell iron ore - one of the hottest commodities today. Their product is in huge demand from China, and they got millions of tons of it.
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