Miner, "THE SKY IS FALLING!!!!!!"The ground is what, the seams have no coal? Gas ids spewing into the mine? How about the trucks cannot turn onto the highway.
Malpack, Northguy and Miner, the share price is down because the management pulled a sneaky to get the sale price down to get PP in at 2.75. It is a huge PP, $75,000,000, so they probably had to give a "good price" 2.75, to get that much money. I did not like the way it was handled like so many others, it was blow to the managements credibility, but not their ABILITY. The 350,000 ton figure is probably where production is at now, with one miner.
This money will put us into full production faster and get the rail spur done which I already posted, is very important, so do not mind the dilution for that reason.
Why this group is so tight lipped I do not know? BUT they always put out a NR when SOMETHING HAS ACTUALLY HAPPENED, not just to pump the stock.
IN THE END WE WILL DO VERY WELL. Period