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Bullboard - Stock Discussion Forum CanAm Coal Corp COECF

GREY:COECF - Post Discussion

CanAm Coal Corp > sandstone or surface sand deposit?!?
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Post by Catte1 on Dec 16, 2014 5:29pm

sandstone or surface sand deposit?!?

something all investors should be asking now. What style of deposit is this? if its a structural  sandstone deposit theyll be able to progress with the MAIM license that they currently have. IF its a surficial glacial deposit theyll be Sh*t out of luck and will need to begin the long process of permitting. 

SME - SML - Environmental Reclamation ........ 2 years later.... begin permiting for plant  
look at ABM for an example. 

investors, do you due diligence on this project.
Comment by bmeister2 on Dec 19, 2014 2:15pm
Well, according to the press release they have excellent "tested" sand. Perhaps they should have called you to give approval. Comeon,this wasn't a fly by night decision. Give us a break.
Comment by Catte1 on Dec 23, 2014 12:54pm
what youre saying does not confirm one or the other. Sand deposits occur in both areas, my  questions was what the deposit style not the quality of sand they tested. Typically an acquisition comes with some type of geological background. The lack of this info definitelty made me question the property.  nevertheless, i hope theyve submitted their SME application ;)  tick tock....
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