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Militia Man

01/11/11 11:02 PM

#17542 RE: JohnCM #17541

Step back three years.. It is way over bought, but and hey do have alot of shares outstanding.. But, with imminent production, sales, revenues and a potential of at least 60% buyback and no R/S because of contracts on book? We should still see strength.. Pull backs are to be expected and welcomed..

CWRN is just getting started..:-) IMO

A three year down trend in the charts with a huge low shake out into sub pennies and a 52 week high breakout as of late? Hello! lol

In a long term perspective, we are witnessing a birth of a new dynamic! We don't get opportunities with real producers coming back from the so called dead and hit the big time.. When plays like CWRN do, life is a beautiful thing!! JMHO!

Rocket Man
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Militia Man

01/11/11 11:14 PM

#17548 RE: JohnCM #17541

Think if a buyer came in and took over the whole deal? Been there before.. Not sayin there is one!! Just sayin.. Real deals get real crazzyy at times.. SWEET!
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Ike

01/11/11 11:24 PM

#17549 RE: JohnCM #17541

John, how about this. We ship 1 load a week by the fourth quarter on a Panamax(75,000 tons) w/a $100 ton profit. Foward looking 52 weeks, thats $390,000,000 profit. Now, the market knows by this time CWRN is a growing Mining co and with a P/E of 20, (some mines are high as 55), and 3bill O/S, puts the share price in the neighborhood of $2.60/share. This is doable in 12 - 14 months.