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Thursday, July 21, 2011 1:41:20 PM
I still remain convinced that CWRN has a big, very big future.
But, penny plays need to grow beyond this crappy manipulation. I know the SEC won't do anything about it, so it remains a responsibility of the company to put forth concise well-grounded info.
CWRN, once well practiced in getting ore from point A to point B in China, will reward us many times over...as fundamentals trump all MM and bashing BS. Just taking longer than exceptable, it appears, and? CWRN needs to show the in situ value, asap, of all properties. People lose faith so easily. Some good numbers and an update on the new company will attract more investors. Increased Frequency of shipments will attract big hitters.
CWRN has a great story. Iron may be boring. But, 1) a buyer in place. 2) production evolving. 3) many properties, and some serious iron veins, plus a larger property. 4) years of production. 5) paid for equipment, and my guess, bigger and better equipment on the way. 6) and best of all- management knowledge. This guy likes what he does, and will only improve.
Redundant, I know. But let's put aside the unknown unknowns. The assertions above make for a good company to become a great company, and are attainable milestones for the Cottons.
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