RE: is it bottom yetNews should be out soon! Im loading up as many RDA as I can. Hopefully get another fill tommorrow.
Royal Coal Corp. is a newly formed company which brings together senior mining executives with global and local knowledge and experience, to acquire and develop under-valued coal resources with profit potential, in the Central Appalachia region. The Company vision is to build a significant regional position in the Central Appalachian Basin with a target of 3 million tons per year production projected by 2012.
The foundation of Royal Coal is structured for success and primed for profit, with key components in place:
- Industry-experienced management with proven track records and local knowledge
- High-quality coal resources not already controlled by major coal companies
- Permitted, low-cost-production, surface coal mines
- Steady market demand with high quality steam and stoker products
- Unit train loading facilities on the CSX within reasonable truck hauls distance from operations
From the NOV 29th news release
In October 2011, the Company entered into discussions with various parties to acquire and operate several permitted coal deposits in Kentucky. These discussions are expected to be concluded in the next few weeks.
Trump