Colonial Coal International Corp V.CAD

Alternate Symbol(s): CCARF

Steel Steel

Colonial Coal International Corp. is a Canada-based exploration stage company. The Company’s principal activities include the acquisition, exploration and development of coal properties located in Canada. The Company is also engaged in the acquisition of Watson Island, located just outside of Prince Rupert, British Columbia, for the purpose of developing a seaport terminal and supporting an industrial park. Its Huguenot Coal Property is a coking coal project comprised of seventeen coal licenses covering an area of approximately 9,531 hectares (ha) located in the Liard Mining Division, northeastern British Columbia, approximately 620 kilometers (km) north-northeast of Vancouver, close to the provincial boundary with Alberta. Its Flatbed Coal Property is a metallurgical coal project comprised of eight coal licenses covering an area of approximately 9,607 ha located in the Liard Mining Division, northeastern British Columbia, approximately 645 km north-northeast of Vancouver.

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Colonial Coal International Corp > Wow, still no news

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Comment by Canadian0620144on Oct 25, 2021 3:11pm

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RE:RE:RE:RE:RE:RE:Wow, still no news

Looking good today average $3.56 over 800K shares traded. New high $3.73
Lot's of speculation on a bid price of +$1.00 per tonne last few Met Coal deals in Canada last year at way lower met coal prices, deals were done at $3.50 per tonne that values CAD at over +$15. Will be interesting to see where the valuation is on any deal. My calculation puts current CAD two met coal deposits worth over +$420bl sold at $500US a tonne. Would be nice to have a halt and news. Maybe its buy on rumour buy more on news.

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