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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 HillsboroughManon Sep 22, 2013 3:55pm
240 Views
Post# 21758431

Watson Island

Watson Island

"CN will continue to explore new opportunities to move crude oil safely and efficiently to markets," Hallman wrote.

"The company will consider concrete crude-by-rail proposals, including any specific project to move crude to Prince Rupert. However, there is no infrastructure in place at Prince Rupert to transfer crude oil from train tank cars to vessels."

Well my friends, between LNG, Pipe LIne Proposals and the above statements, we just may have seized an opportunity behond met coal with the Watson MOU. Could explain uptick in a garbage market.

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