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BayouBengals

12/02/10 6:01 PM

#12936 RE: pesquero #12934

Thanks for the local cost info pesquero...appreciate it.

ImOnABoat

12/02/10 6:02 PM

#12937 RE: pesquero #12934

Yet another portion of credible, first-hand DD from our friend, pesquero! Thanks! Happy to have ya here!

strungout19

12/02/10 6:03 PM

#12938 RE: pesquero #12934

what is a ball park estimate of where this pps could go assuming a 1 billion float just for the hell of it

strungout19

12/02/10 6:22 PM

#12939 RE: pesquero #12934

i take it from your posts you work in the ensenada area.

may i ask how did you originally here about this company and get involved?

Stockpile4

12/02/10 8:01 PM

#12952 RE: pesquero #12934

BMO has flat out told me that on all otc stocks you are not aloud stop loss orders/sell on stop orders

Piecemaker

12/02/10 8:54 PM

#12957 RE: pesquero #12934

Well done,Pesquero, thank you for that. Hope this gets a sticky. A must read for all LONGS imo.

darren1104

12/02/10 9:20 PM

#12959 RE: pesquero #12934

pesquero, are the trucks weighed at the port?

bigfoot422

12/03/10 6:36 AM

#12984 RE: pesquero #12934

Stop orders are a great to protect your investments from greater losses. no matter what anyone says.

I also disagree with your DISCOUNTED 24 hour availability.

1. 5 min load time. Did you see a truck being loaded ?
average turn around time to load is at least 1 hour time providing NO trucks are waiting to be loaded and equipment don't fail.There are too many variables that can happen.

2. 3 minute UNLOAD time, at what port is this ? Alot companies would like to know.Most ports one can wait for hours to be unloaded.Even if that port was just for CWRN.Officials need to check load first for proper weight and more.

3. 2 30 minute meals for TWO drivers,are they driving same truck ?I bet you calculated this on your half hour meal time.They must be wearing a CATHETER.

4. Fueling/repairs, just to fuel would take that amount of time nevermind for repairs.A simple flat can take hours befote anyone even comes.This isn't a big city or a big city close by.

The bottom line is, we need DELIVERIES otherwise all these calculations are MEANINGLESS.

microcaps1

12/03/10 12:57 PM

#13032 RE: pesquero #12934

Very astute. We have an unusual # of smart dd guys,which must mean CWRN is a smart stock for smart people. Thanks Pesquero,itmd,bullitt,killswitch,temeku,jackd(not an exhaustive list).

With an undervalued stock like this using a stop loss may result in a forced sale at lowest price and have to buy back at higher price,especially when this unprecedented continuing short %/manipulation by ETMM stops.

Whether the short figures are real or not(all brokers/promoters I've talked to think they are but they could be wrong),I've never seen such high % without short squeeze-e.g LYJN jumped from 1/2 cent to over 20 cents on lesser %.

Most brokers know very little about pennies so disseminate much false info re stop loss availability etc. E said nobody allows penny stops,TD said they don't (yet Temeku uses at TD);the only penny friendly brokerage that openly allows penny stop loss is choicetrade.
Your info is one reason stop loss should be set 30% below price(the usual recommend),if at all on such an undervalued stock.

Wikipedia(mining dump trucks)says in the US standard weight limit throughout country is 40 tons w up to 52.5 tons by special permit and triple trailers where allowed can haul up to 129000 kg(129 metric tons)and will average 3-5 trips/day.(seems high but believe it said 129k kg,not pounds).

If they profit on gravel at $15/ton,imagine the profits on recent iron spots of $150-165/ton.

Part of the torture of their PERMANENT DETENTION will be remembering exactly when they received their final time of visitation and rejected it.