Colonial Coal International Corp V.CAD

Alternate Symbol(s): CCARF

Steel Steel

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.

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Colonial Coal International Corp > take over?

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Comment by Canadian0620144on Sep 09, 2021 12:27pm

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Post# 33833919

RE:take over?

Interesting CAD-T no trading halt or news. So is CAD-T up due to being so undervalued and just catching up to rest of MET Coal market price ?
Normally you would see a message from company issuing a statment that they have no new material news to provide market in regards to a large share price movement up or down. If there is a pending sale and a buyer we would not likley have a press release so no news might be good news in terms of a Take Over ?
Also insiders can't sell if in possession of material news so no big share holder sellers available, until we have a news release. Once company recieves any firm buyout offer we will have a news release.

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