Replies to post #88792 on Cotton & Western Mining Inc. (CWRN)

[surebob]

What was CWRN grades? Oh ya, 58 to 59%. So low grade iron ore compared to the standard 62%? China is now discounting 15 to 20% for grades below 62%. Add in further discounts for high sulphur and you might break even or lose for every ton produced.