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Friday, 03/25/2011 6:27:48 PM

Friday, March 25, 2011 6:27:48 PM

Post# of 91120
START HERE. CWRN DD COMPILATION.


In July 2010, CWRN announces that in the course of pre-production activities at Baja mining site, additional $100M worth of iron ore deposits are discovered, as stated in this news release. This number was merely added to already significant deposits currently owned by CWRN. For more insight on the potential scale of CWRN production in years to come see this post.


In September, first independent pictures of the mining site appear in this post. A high-res picture with a couple of pieces of equipment on it, as well as a Google Earth pinpointed location of the mining site.

In the next set of surfaced images, the official sign on the production site gate is now visible. The sign represents PanAm Mineral Ventures, 100% owned subsidiary of CWRN. The relationship between the two companies is explained in legal terms in this PR. Why doesn't the sign have CWRN on it? This is why, in my opinion.

More pictures of the initial production stages are provided by the company a couple of days later in the monthly newsletter, and are posted here.


In October, user madflight posts an article that partially talks about CWRN, and contains some independent pictures. The article can be found here, it is interpreted in this post, and some clarification is available right here.

It was in the same month that some fantastic pictures showing millions of dollars worth of new equipment are provided by the company, and are posted right here.

At this time CWRN mentions in this PR that custom-designed magnetic separator is now being built under rush order by Valley Equipment in Salem, Oregon. iHub user confirmations of this contract were soon posted here and here.


In November, some concerns about the quality of roads around the production site, and lack of proper drilling are voiced by certain members of the board. These concerns are rapidly rebutted in these two posts respectively: great roads & Hmm... looks like drilling to me.

Meanwhile, even more heavy equipment arrives to the mining site.

Those members who up until this moment hadn't seen Bob, now got a chance to witness him wearing his perfectly yellow hard-hat in the pictures confirming the start of the full-blown production, as promised.

Additional pictures show lots and lots of equipment that is now at work.

Tons of crushed iron ore are seen on site mere days after the start of full-blown production on Nov. 5th.

More trucks can now also be seen.

The most recent pictures of the production site show even more workers and equipment at work.

To address some of the recent concerns about the port of Ensenada, user pesquero provides some of his own images taken on Nov. 25th showing the port being dredged. His recent post also provides an excellent insight on the current CWRN's project situation from the standpoint of someone who lives and works in close proximity to the production site, as well as has some actual mining industry expertise.

On November the 29th, more production pictures become available from the company.

iHub member temeku999 personally visits the mine and provides his confirmation in this post.


In December, user pesquero once again shares some of his first-hand DD with us while also discussing the concern about the trucking of processed ore to the port, the post can be viewed right here.

More pics showing full-blown production afoot.

Another picture of the port and dredging in progress is posted by pesquero.

The company provides an update on the quality of Baja 14 iron. The tests yielded results that were even better than was originally expected.

Some more great pictures are shared with investors along with a status of the last missing magnetic separator being built by Valley Equipment.

In order to sum up the variety of the negative arguments against CWRN, I post an updated list of those. If anything, it should make it easier for the critics to keep track of their current position.

The company provides pictures of the port equipment.

The last missing piece of the project puzzle is finished at last.

This board's member temeku999 receives more pictures from the company showing the magnetic separator being tested.

Finishing 2010 with a bang, CWRN posts a projection of revenue for the first quarter of 2011 at $32,000,000.


In the first numbers of January 2011, iHub member tlc2 posts her find, where according to Mexican Geological Survey, Baja 14 mine is now officially in production.

Digra Ive, one of the frequent posters on this board, shares a peculiar piece of DD that involves some relevant correspondence with a purchase manager of CHINA HUA DONG CORP. LIMITED, which earlier in 2010 issued a LOI to CWRN.

User MaxShockeR provides a nice perspective on the sky-rocketing price of iron ore. Evidently, the timing of Baja 14 production could not have been better.

iHub member surogateson personally visits the mine and shares the pictures with the board in this post (high-res version), and also here and here.

Another great photo update is provided by the company.

CWRN begins real-time processing to maximize iron output as well as implements a night work shift to allow 24/7 production. The details can be seen in this post.

Trucking to the port begins at last.


In early February, user surogateson provides yet another picture from his recent visit to the mine.

Pesquero shares his own pics of the trucking in progress.

Another trucking update from Bob himself.

Some thoughts regarding a baseless PanAm ownership speculation can be found here.

A glimpse of the port stockpiles is provided by the company, and then by pesquero.

At this point, the port stockpile is getting bigger by the day.

One of CWRN shareholders posts a video compilation of Baja 14 progress.

User temeku999 receives some close-ups of the port stockpile from the company.


In March, iHub member johnynothumb posts videos and pictures from his recent trip to the mine where him and temeku999 met with Bob.

Second pile of ore is now visible at the port on pesquero's pictures.

User twellin2 creates a fantastic post with all of available Baja 14 photos gathered in one place.

Alternative DD compilation by MaxShockeR is posted, and can be found here.

CWRN announces the loading of the first shipment.

First photos of the ship surface from pesquero.

CWRN provides the pictures of the loading process here, in this post, and right here, as well as some pictures of CWRN's Vice President Sharon Vazquez at work.


To sum up, after more than a year of exploration & development, CWRN Baja 14 project is now in revenue-generating stage. With ongoing financial backup of Baja 14, the company wastes no time in announcing an exploration initiative in another massive mineral concession.


i.t.m.d.



This post is my personal opinion. I do not provide investment advice.