Post by
melone on Apr 20, 2010 11:49am
I like that (from co. website):
Management intends to reinvest cash flow generated from production atthe Rosa Coal Mine to acquire and develop additional high-quality coalreserves. MCoal Corporation’s business plan is to develop severalmetallurgical coal projects in the Appalachian coal region, with thegoal of assembling over 100 million tons of high quality coal reservesand mining over 1 million tons annually of high quality coal within thenext 5 years.
bought in at 0.4 - always starting with losses ^^