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Militia Man

07/04/11 5:13 PM

#48979 RE: dmlabuda #48975

See you later and let me know when you get back in.. I am sure it will profitable when CWRN breaks over $.0315 :-)
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Falconoffury

07/04/11 5:14 PM

#48980 RE: dmlabuda #48975

Really? CWRN is producing an estimated 30,000 - 45,000 tons of iron ore per month. A shipment is anticipated at the end of July that will net the company millions of dollars in profits. Production continues at the site, and shipments will only become more common in future months. I guess millions of dollars a month means there is no future here. Better sell. I will be waiting to scoop those shares up.
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carolinacoast

07/04/11 5:19 PM

#48982 RE: dmlabuda #48975

I'm interested in 'why'. I agree about the vast amount of value picks out there having found eight more this past two weeks, of merit...meaning easy double baggers. But, what makes anyone think that Bob Cotton won't futher refine the processes he just this year executed? For a flipper, sure. But flippers shouldn't post on this or any board without declaring support and resistance. Bashers shouldn't be allowed to post to a board, as it is inherently unethical to drive a price down, and usually has no foundation.

I've tracked CWRN since .0019, and to me, the upside is still there. If it takes Bob Cotton two years to get a system in place to satisfy penny stock players, so be it.

From memory, this is what I see of CWRN. No desire to repair the past stock related mistakes, not a viable concern. A huge resource just south of the current one. A promising host of mines abandoned for lack of iron prices, but nonetheless, these are viable mines. A new merger in the works to solve many issues. And lastly, a producer that regardless of any new share structure, will at some point show revenue...and that revenue (and profit) will be reflected properly in the share price.

I believe that as Bob wrote in a Seeking Alpha blog, "it's harder than it looks". But he has the desire I imagine, and he will do what all businesses do: start a project, hit the first milestone, dissect the positives and negatives thru the processes employed, find solutions to the scope creep, and move on to the second milestone...and repeat.

No reason it shouldn't work....and the Cottons no doubt have a vested interest in the stock, as well. So here again as I always state, "people complain because a stock might take months or years to make them a millionaire, instead of days."

But, prior to 2009, how many "stories" of mining success were out there (besides Ventana)? and now, how many are there? CWRN is just one micro out of many, only now realizing production goals. Give them time.
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Sunnybank

07/05/11 11:08 AM

#49040 RE: dmlabuda #48975

Goodbye. It appears you trade on technicals and not fundamentals. Clearly CWRN is not for you.