RE: RE: Wow!!! Where do these people come from???CSAVARD I agree with you that it would be very relevant to find out what the quality of CMK met coal actually is.
Most don't realize that all met coals are actually quite different with respect to the actual coke that they can be converted into - and it is coke, not the met coal, that is put into the steel making blast furnaces.
Coke is made from met coal in massive coking ovens - basically heating the met coal to very high temperatures in an airtight, oxygen free oven to drive out most of the volatiles and contaminants.
And since blast furnaces are engineered to run most efficiently using a certain grade or grades of coke - and there are about 8-10 grades of coke - if it turns out that CMK met coal produces a coke grade which hardly any steel blast furnaces can use efficiently, then that would mean CMK coal would have to sell at a significant discount to the premium grades produced by Teck, WTN and GCE.
So the grade of CMK met coal is VERY important for investors.