New Elk Mine will be run by the sellersof the New Elk Mine.
Also, in the interview, Ken said that they paid $16 Million for the coal. In away it kind of slipped but I think it is already paid for and they are ready to announce the financing of how they paid for it. Maybe it was 16 Million shares at $1.00 or 32 Milllion shares at $.50?
$16 Million was a steal for all that coal....unbelievable.
They still haven't pumped the water out of the New Elk Mine yet. This could take a bit of time.
Lossan should be next and then Iron Ore for the Mine_Prof.