RE: Here is full NR. There are manyFrom the September 10, 2008 NR, in part it says:
"ACC currently controls approximately 20,000 acres of coal leases inWest Virginia that are in various stages of permitting. Severaldifferent coal seams run on ACC’s properties including the well knownKittanning seam currently being mined at Cleveland-Cliff's White Tailmine 6 miles from ACC's project. Initial strip mining is anticipated tocommence late Q4 2008 - Early Q1 2009. The project is anticipated tohost in excess of 100 million tons of coal (this resource is not 43-101compliant)......"
I think later NAG had to revise the NR saying not to rely on the 100 million ton estimate .... So, we can't rely on it, but I guess the potential is still there. Highly speculative stock until NAG starts to prove up resources and provides a feasibility study. IMO, I think that's why the stock is sitting at 8 cents!!