Replies to post #7401 on Cotton & Western Mining Inc. (CWRN)

[ImOnABoat]

We are all waiting for, as you say, actual proof of production and sales. It is taking some time, but it is to be expected with the project of this magnitude. The company is planning to exceed $100mil in annual revenues, these kind of numbers don't come easy, and it certainly takes time to put it all together. We should hear something concrete before the end of this month.

[ImOnABoat]

Right now is the right time to get in on this. Once the news we are all waiting for are out, you'll be chasing it. The float is locked in, as evidenced by the action these past 5 days.

[ImOnABoat]

Also, I had my share of correspondence with Bob, and what I noticed is that he is always being overly cautious in his words. I guess he does not want to be accused of promoting trading on inside-information, which is understandable.

[surebob]

I've said this several times before, but nobody listens.

In Mexico you cannot start a mine on a large scale without a SEMARNAT permit. This permit is only given when you supply them with a mining plan. Bob has not done that yet and probably will never will. If there was a plan, it would have been registered and available for the public.

What he said was " "We didn't say we were starting production, we said we were starting.. Under the permits we can go in and strip the mine, make ready for full production and we can take out some iron". Translated, this means he is no where near production. There is no equipment, no trucks, nothing, not even a full permit.
Even if he "can take out some iron ", who will buy a couple of tons?