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Monday, November 29, 2010 1:19:59 PM
There has been substantially more dd on CWRN than any of the 1000's penny stocks I've researched.
Every libelous post(often by people maneuvering because they know CWRN is the real thing)has been abundantly rebutted with dd.
If you're still nervous about this company you shouldn't be in the penny market.
Unlike CWRN, most junior miners are still 2 years or more from production ,if ever. Yet some command stock prices up to one dollar,despite no PR's for 10 months,only 1 director,very little activity and 50 BILLION shares!
Despite the present short-lived penny classification,CWRN has been more upfront than any of the 1000's pennies I've researched(except 1 unusual 100 million plus company w huge PR dept)and the only penny where CEO is reachable in my experience.
Because CWRN is such a rare gem in the making there are near record levels of manipulation.
E.g,I don't ever remember seeing shorting approach 90%. Usually sites devoted to shorting disclosure will issue a short squeeze alert if shorting is ca 30% or more-I don't know how the present shorters etc are getting away with it.
Check the math,as itmd has pointed out. As per PR there will soon be 105,000 tons/month times ca $150/ton spot price($15,750,000)times a conservative margin of 40%(see itmd's stickies etc)and the margin will improve as port etc efficiencies improve,for a net profit of 6.3 million/month(at 40%).
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