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surebob

03/13/16 11:03 AM

#90180 RE: JohnCM #90178

even at 50, CWRN's cost is still below that price.

Sunnybank

03/13/16 5:15 PM

#90181 RE: JohnCM #90178

Wish is was that easy, John. $CWRN

microcaps1

03/13/16 8:21 PM

#90182 RE: JohnCM #90178

Sunny is right but its too bad they are missing the low shipping costs -with oil making up the largest part of ship costs- and low trucking costs-and low labor costs in latin america

coastal mines-at least in latin america- can still be making a profit-especially with premiums for lump and above grade ore

people always forget that ore prices were only 10-14/ton til 2002 And didnt reach 45/ton til 2008 or 2009