Colonial Coal International Corp CCARF

Primary Symbol: V.CAD

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 > Trading well in a lousy market.

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Comment by Luckierjack2on Jul 13, 2022 3:41pm

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Post# 34821932

RE:RE:Trading well in a lousy market.

lumpy13 wrote: Nothing new that I've heard except the company has been trying to sell it coking coal deposits. I saw a presentation recently that the CEO is looking for around C$3/share as it would generate CAD shareholders a nice return while providing coking coal users an attractive price for properties well located in BC, which have infrastructure near by to get the coal to port and then across the Pacific to Asia.

I saw the same presentation. He actually looking for $3-$5 per tonne of coal in the ground. That would be north of $10 per share.

Giddy up.

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