MD& A ---- bad news in the analysisbad news in the MD&A
1. commercial sales to begin in august. (obviously)
2. production guidance for 2011 will be now 200k down from 350k....
3. increasing workers needed to 500 employees from 400 employees.
this is all bad news and that's why the stock has been getting hammered..............
complete BS, you have to be "in the know" to do well with this stock, b/c you would of shorted..............
i see this stock fallling further on higher employment costs for the extra 100 people and less revenue for 2011 with only 200k saleable coal.................
this is one of the worst investments i have ever made..............just lessons learned............
for you longs, if you believe in this company going forwrared, it might not be that good based on broken promises time after time...they might even break promises in teh future...................
...........its complete BS to me....................
MY ADVICE would be to put your voting power to work next year and vote alot of people out................
that's they only way they can see your frusturation...i mean the shareholders are the most important people,,,,,,,these guys work for you and I, not themselves................
show them (chairman, directors) that this company keeps performing below guidance......and vote them out.............
huge dissapointment for me in my eyes.