Replies to post #70667 on Cotton & Western Mining Inc. (CWRN)

[surogateson]

Good morning Bigred, Bob told us that his system for loading at the port allows him to load in as little as two days. He doesn't see loading as a problem. Chartering a ship and not getting screwed on the deal is another story!

As for the "New port" - he has said he will probably not see it in his lifetime. Mexico moves pretty slow.

Good luck!

Here's a picture of the loading process. He runs a "Circuit" of dump containers from the pile to the ship. It sure looks efficient to me.

[grajekk]

I think that 100 meters takes them down to just above sea level, and who knows if mining laws will affect a deeper drill or deeper mining.... It will be a few years before we get that deep anyway, even if the stars alligned..

[microcaps1]

FROM Apr 13 PR:
"Drill-hole 70 at 84-meters depth on the lower elevation of the concession revealed the same mineral structure as drill-hole 69, hitting iron mineral at 4-meters down and continuous to 84-meters where the drilling was suspended at 2-meters above sea level"

I'm not a geologist and nobody has been able to answer whether sea level is a factor 7-10 miles inland in a desert area-though CWRN's geologists probably know.

THE 1st deeper drill holes have all been at the far lowest elev part of the mine-so that may be a factor in limiting depth of hole 73.
As they move up in elevation to the east the land rises fairly rapidly in elevation to ca 450-500 meters at pit area and beyond that to ca 750 meters.
I have to look up my source to verify the 100 meters depth-so much is happening now its hard to keep up with when I have other jobs(and this is not a job)

they probably need to drill on opposite of centerline after 1 more hole on same side as 72 and 73 -how far out I dont know-they hit a whole new vein w 72 and 73

I think Port of Colonet(and the new 4 lane highway paralleling the coast) is dead for lack of funding like many things in Mexico-tlc and others have researched that also

Port of Ensenada planned on another berth at the EIT terminal CWRN uses in 2008 to be done by 2009 but lack of funding-would only require 2 more cranes for most part

Ensenada Port also plans on building a new EIT terminal for commodities directly N of present port-no idea on time -think grajekk/ posted something on that recently-

if Bao is serious about long term relationship at more than 100k tons/month from Baja 14 it may have to fund or build a new berth or extension of current EIT or build new terminal itself.

Given truck round trip times and load sizes CWRN could truck a Panamax every three weeks or so-see the guys post whose co dredged the port in Jan of 2011 or so

offhand I dont remember Bob saying anything about bottleneck but they did have plans to ship from Sea of Cortez for Nazarena project-I've posted that graphic many times.

[microcaps1]

Found it -from Bingo :
"70 and 72 at the lower elevations hit iron at 2 and 4 meters, DH 69 was already excavated down to 30 m, so we started drilling in the iron, DH 73, the one behind the crushers, we hit the iron at 6 (we had graded 3m off the surface, so from surface was a total of 9 meters down)meters, took it down to 100m, and stopped, but we were still in the iron"