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Colonial Coal International Corp V.CAD

Alternate Symbol(s):  CCARF

Colonial Coal International Corp. is a Canada-based metallurgical coal development company. The Company’s principal activities include the acquisition, exploration and development of coal properties located in Canada. The Company is also engaged in the acquisition of Watson Island, located just outside of Prince Rupert, British Columbia, for the purpose of developing a seaport terminal and supporting an industrial park. Its Huguenot Coal Property is a coking coal project comprised of 17 coal licenses covering an area of approximately 9,531 hectares (ha) located in the Liard Mining Division, northeastern British Columbia, approximately 620 kilometers (km) north-northeast of Vancouver, close to the provincial boundary with Alberta. Its Flatbed Coal Property is a metallurgical coal project comprised of eight coal licenses covering an area of approximately 9,607 ha located in the Liard Mining Division, northeastern British Columbia, approximately 645 km north-northeast of Vancouver.


TSXV:CAD - Post by User

Post by cleverroxon Feb 11, 2012 8:15pm
427 Views
Post# 19521383

CAD vs NDX

CAD vs NDX

I don't understand why this company (CAD) is valued at a market cap of $90M when they aren't even producing and their assets seem similar to NovaDX (NDX) which only has a market cap of $21M and has started producing.

 

 

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