Replies to post #89713 on Cotton & Western Mining Inc. (CWRN)

[surebob]

If you want, I can send you about a dozen SGS reports from Mexico that say 64.5% Fe.
All you have to do is buy one of those famous magnet pens ole Bobby has and stick it next to some black rock, hack it off and send it to SGS. Volia!....64.5!!! means nothing
Not very difficult and will fool the fools.

[surebob]

62% Fe fines, 3.5% Al, CFR Tianjin port 61.40 and has gone down even more just before chinese new year
Buyers never pays spot prices and always ask for a discount.
Can you send the grades for the last two shipments? The first two were below 60%. Could you let me know which load was 64.5%?

[surebob]

Per 1% Fe differentials, $/dmt
$/dmt Change
Range: 61-64% Fe 1.60 0.00
Range: 56-59% Fe 1.75 0.00

Let me know how this is far more than bench?
I believe you said it was 5 dollars per ton

[Anvil]

did some tough DD, found a canoe that left esenada, 5 lbs headed for the fert market, the canoe was named the USS Sharon Many Names. Could be a game changer.