Replies to post #41743 on Cotton & Western Mining Inc. (CWRN)

[johnsyn]

Is it possible that the contract is under CWRN's mining partner-think it is Pan American Minerals Ventures????

[microcaps1]

That previous LOI AND ANY OTHER PREVIOUS ARE ALL HISTORY MADE OBSOLETE FOR MANY REASONS,as I've noted several times.

It is a completely different market -both as to pricing and contracts-than when those previous LOI's were made.

As I noted before the company of the previous LOI was trying to use a poster to influence CWRN to give them a contract-not knowing the poster had no such influence.
It would be the steel of a century to get a contract at 145/ton.

As agmetalminer stated 12-13-10,the Chinese domestic cost of production-which is 150/ton- sets a FLOOR of 150/ton for iron prices.

If China could buy ore at 80/ton they would stop producing internally.
Common sense.