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Re: Militia Man post# 73653

Sunday, 06/10/2012 1:48:21 PM

Sunday, June 10, 2012 1:48:21 PM

Post# of 91121
Estimates - $15 million dollars already from shipped ore, another $30 million minimum seperated and ready to ship at the port and at the mine, $8 million in equipment working hard 6 days a week, minimum 150 million tons of ore at $4 per ton in ground on Baha 14 = $600 million. Puts the value of Baha 14 at approx 650 million. This is a rough and crude current valuation of Baha 14 and I'm sure not even close to actual reserves on estimates. In all actuality CWRN is easily a BILLION dollar market cap when papers get pushed.