Colonial Coal International Corp CCARF

Trading well in a lousy market.

[Luckierjack2]

What's the rumour?

[lumpy13]

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

[Luckierjack2]

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. 

[lumpy13]

Appreciate the clarification:  Not C$3/share but C$3-5/tn, making a much higher share price of C$5-10.  

[swetazo]

This post has been removed in accordance with Community Policy

[lumpy13]

Swetazo:  Your link has nothing to do with CAD, which is already up 25 cents today so maybe a sale is in the works.

[lumpy13]

Swetazo: Your link has nothing to do with CAD, which is already up 25 cents today so maybe a sale is in the works.