Cotton & Western Mining Inc. (CWRN)

[Ike]

OK Bobcat, try to follow my reasoning here.
It has already been stated in PRs that the company would be making money at $47/ton.
With spot @185/ton with a 10% discount, $167/ton gross.
Lets assume $47/ton operational expense
That leaves $120/ton profit.
In 12 months, production will be ramped up.
Lets say 1 shipment a week with about 10% less for weather.
48 shipments a year.
75,000tons X 120/ton PROFIT X 48 = $432,000,000 profit!

Now we have 3 bil shares out. With a 60% buy back that will leave
1.2 bil O/S.

Thats $.36/share earnings.

The average P/E ratio for mining stocks as stated in a previous post is 33.

Assuming, a less than average, 21.58 P/E ratio, We end up with a share price of:

$7.77 JACKPOT!!!!!!GO CWRN!!!!!!