Replies to post #89180 on Cotton & Western Mining Inc. (CWRN)

[nhass1]

Ya, a private Mexican company, how's that working out for everyone?

[surebob]

These claims were
made utilizing aerial
magnetometer survey
maps provided by the
Mexican Geological Service
(using data gathered by the
United Nations) and following
field observations by our
personnel using GPS,
which proved that the majority
of the major magnetic anomalies
(>500nT as shown on right) on the
maps did indeed correspond to easily
observable outcropping veins of
Magnetite. After independent laboratory
analysis of the samples gathered showed
extremely high Iron content, we embarked
on an aggressive staking and claiming
program, which included areas showing
high concentrations of (non magnetic)
Hematite but ignored areas with potential
environmental, social or political barriers
to mining


Translated: no drilling...ie same method as Cotton in NOT proving reserves. Did they use magnet pens? Nothing has been done to prove its economical to mine. Maybe that's why Arcelor walked away