The company has arraigned shipping starting with arrival of the ship in Ensanada on the 17th.
The company reiterated it's share buy back program using revenue generated from each shipment.
After the first shipment that means you will be competing on the open market with the company to buy the available trading shares.
The company continues to show it is working as hard or harder at this time to continue to get ore to the port. By all estimates the ore for the first shipment is already there. That means they are pushing just as fast to get the supply for the second ship to the port.
The offer for buy in or buy out was rejected by the company at the price of .15. As stated by Bob that number undervalues the company. .15 UNDERVALUES THE COMPANY!
Bob is one of only a few people that could truly put a legitimate value on this company based on the information he has at this time.
Bob dealt with the offer in the manner his legal council advised him to. A manner they believed would best keep them in compliance with SEC rules.
This is the second suspicious action that has originated from entities outside the company that has been immediately followed by a short attack on the company stock. The SEC is being alerted to this by shareholders!
Bob continues to work on getting the CE status caused by the first suspicious action removed from the companies stock listing.
CWRN is involved in another mine that is larger than the present mine with an ore body almost 9 miles long.
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