Cotton & Western Mining Inc. (CWRN)

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Initial shipments are handymax(35000 tons in our case)because their draft is only 33 ft on average and the terminal to be used is being enlarged to better handle the larger Panamax-which CWRN expects to use after the dredging is completed.
Although the port claims 40 feet depth(see the port video posted some weeks back),sufficient for the Panamax class(so named because sized to fit the Panama canal limitations of max 12.04 meter depth), a 40 feet depth cannot be guaranteed during dredging operations-see my earlier posts.

I guess todays activity is what jackg or somebody else described as the mm's walking price up in morning(inter alia,to get people to set their stop losses too high)so the mm's can walk price down in afternoon(as etmm is doing as usual)to trip those stop loss orders,and as a pattern to discourage longs.

Remember on stop loss any BID at your stop loss price is sufficient to trip your order to sell. Longs are holding so etmm is trying to force retail sells in this fashion to cover their shorts.

Btw,excellent post on a large naked short selling lawsuit on the MXGD IHUB board today,explaining how large naked short selling helped precipitate the financial crisis in 2008.

Yes- re itmd being in Europe,not much else for certain quarters to use in present circumstances so his temporary absence is turned into some kind of conspiracy-certain quarters have a great imagination via their channeling.