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leverage102

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Re: blademan post# 38576

Monday, 04/11/2011 4:17:02 AM

Monday, April 11, 2011 4:17:02 AM

Post# of 91121
Numbers are impressive; Cotton & Western Mining have a Extened long haul with this one mine, pulling out millions of tonnes over the next 7 to 10 Years! Real Deal Cash Flow! * Not sure if anyone realize, a bank will lend 70 % of "Proven Reserves"; which means CWRN could get a huge Line of Credit! The Line could be at least 100 Million ; IMO.

* I have friends in the oil business; and their bank lends on the "Proven" reserves; 70 % and maybe more; IMO. I believe this is fact; IMO.
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