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Originally posted by stocktrader22:
Alright lets get this rolling again

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Posts: 961 | Registered: May 2006  |  IP: Logged | 

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Originally posted by ShortTermMemory:
Huge turnaround today!

Posted by: wrongjoe
In reply to: None Date:7/17/2006 10:18:04 AM
Post #of 97

Hey David, I also got a reply from Mr. Cotton last night. He's sure working late these days. Thankfully, I asked different questions than you did. Bob put his answers/comments in the parentheticals within my letter.

Hi Joe,

Its 2:08am here in Houston and I'm working as usual.. thanks for the letter, I have been catching a lot of heat from all over the world.. Anywy, let me aswer your questions directly and hopefully you will know where we are at this time, please see between your text.


Quoting Joe Wyka <joe_wyka*yahoo.com>:

> Hello,
>
> I am a modest shareholder of Cotton & Western Mining with 30,000
> shares and am considering becoming a larger, more long term investor
> given the recent inexplicable discount to the share price. I do have
> a couple of questions I was hoping you could answer. (Now would be a good time to get what you can afford at these prices)
>
> I am concerned that I have not received the promised 3% dividend as
> of yet. When can I expect to see those shares deposited in my account?

(Now thats a good question, my kids are shareholders too and they have been all over me about this... There was a delay needed by the transfer agent, to get all those recorded, as I was told... But also do not forget, those shares are restricted... The purpose was to bring certs in as (XYZ Clearing House) was loaning our shares out to "Naked Shorters" maybe you read the news release about that... Most people that deal with (XYZ), will not go back.. As soon as I can move our shares out of there, we are finished with them... I will call tomorrow and see where we are on the dividend.. It should be ready by now??)

> Also, I was under the impression that Cotton & Western was in
> negotiations with the Philippine government over the Pacific Pearl
> properties. Who is Astrolabe Mining? Do they actually own the
> properties? How can I find out more information about them.

(Okay, let me explain this as I need to up-date the web-site as well... We have two areas that hold Magnetite Iron Minerals... The first area is located on Luzon and that was our first mining property... Just before we started to make conformation diamond core drills, we were offered bigger mines, We have those now, that was the news release on July 10. Now we have more than we can handle.. So after looking at the available geological data, we found that the 4 mines on Mindoro Island holds 76 million metric tons of high grade Magnetite.... the mines on Luzon, are Pacific Pearl 1, 2 and 3... the mines on the location map for Mindoro Island have names, but not offical names, So I have not yet decided if I want to continue with the Pacific Pearl name for those mines or keep the names they have now, and just make our Philippine Subsidiary Cotton & Pacific Pearl Iron.. The Philippines are called the Pacific Pearl)

I have worked all over Asia since 1981 and have very good contacts there, Astrolabe Mining & Development Corporation is nothing more than a shell company, headed by a group of people who are Government types and that is all I can say.. But regardless of that, they are close to me and I have my pick of the best mines in the Philippines and I am glad to report to you, that the iron minerals on Mindoro Island are the best in the Philippines.. I was also offered Santa Inez, a large mine.. I turned it down because of high sulfur content...

The share prices were driven down by those who held free trading shares for promotion, and other services, the services where a joke on me, as they pomised not to sale until we were able to sale shares to our large investors.. Until now, we have not sold any shares.. We have a group who is buying all the sale off they can get, it helps just now that the price is down, meaning we get those shares at a cheap price... I would hope that this week will about wipe them out.. When the float drys up and sellers can not supply the shares, then we will get back in line with where we should be.... With several billion dollars in mineral assets, the current share price is extremely under value... Once we open Mindoro Island, I doubt I will sale any of my shares for less than $20.00... Buy then we should be on AMX.. and before you ask, there will be no more reverse splits, this company is here to stay...

I will be making another big news release hopefully within the next 15 days regarding another project.. But I can't release any information on it until after I finish our due diligents and sign an argreement with the mineral owner... This project is pre-sold...

Once all this comes together, we will pull out of Mexico and operate only two locations.. Mexico is hard to work and all I want to do there is get my personal investment of 2 million dollars back. We have material in stock down there, but can't move it until after the rainy season, November ...

Watch this week and you should see some movement up, if you can afford to buy in, now would be the time and help us get the stock players out of the way...

I hope that answers your questions..

Regards.. Bob Cotton


> I’m sure the investment community will come around to seeing the
> huge potential in this company. I am a participant in the Investors
> Hub website and have appreciated Mr. Cotton’s willingness to speak
> directly with the shareholders.
>
> Thank you for answering my questions and congratulations on the good
> news this week.
>
> Joe Wyka
> Walnut Creek, CA

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Originally posted by stocktrader22:
We see .20 tomorrow?

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Posts: 961 | Registered: May 2006  |  IP: Logged | 

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Originally posted by ruskin_muskin:

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Originally posted by stocktrader22:
We see .20 tomorrow?

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no doubt about it.. should atleast run back to where it came from IMO ..

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