Cotton & Western Mining Inc. (CWRN)

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Much due diligence has been answered on these questions by itmd,myself and others. E.g see my replies to yawns posts.

The Mexican co does not have shares,has de facto same officers as CWRN(Bob and his wife Sharon)w other legal connections to CWRN. It's a wholly owned subsidiary owned by CWRN.
Apparently reason for temp U.S. "affiliate" is upcoming cusip change and apparent concomitant changing of CWRN'S name to Pan American(of U.S).

Re query of NR-3101 report.There is none but there had been drilling at some point(see pictures);previous cement company did deep trenching(iron was only ca 25/ton then and only nearby customer for the industrial cement was Ensenada)and varied mountain topography shows iron at many if not all elevations-essentially the entire area is covered by mining concessions. The topography thus essentially substituting for a drill program,unlike a flat plateau.

There are no guarantees. If you want a guarantee buy a bluechip like lehman brothers,wash mutual,blockbuster,circuit city,the old GM etc. Risk vs reward-can't have both-there is no perfect equation-if there was men would quickly destroy it.

Millions in mostly new equipment shows planning for the long haul-they estimate enough loose iron(before blasting has to begin)to last 2 years w 16 hr days.
Incredible price rise,gapping some days plus intra day gapping-incredible buying frenzy this morning.