Post by
intowin on May 17, 2010 12:12pm
Update
Just spoke to the company. Neil is in Alabama since Wednesday. They have narrowed the potential acquistions down to three properties. They are issuing letters of intent to aquire all three. Should here something in about a week. If successful it should boost reserves by 100 Mil tons. He said the first one is very significant. Stay tuned.
Comment by
intowin on May 17, 2010 12:20pm
Yeh, I know it's 'hear' not 'here'
Comment by
jimrockford on May 17, 2010 4:40pm
We're both hearing the same thing - although you are a little more forthcoming on the bullyboard than I am.Cheers.Jim
Comment by
rborhi on May 18, 2010 12:58am
Wow that's a lot of info to get over the phone, I'm surprised they told you that much!
Comment by
rborhi on May 18, 2010 9:57am
I'm also surprised if they can get to 100 million tons with just three properties, thought it would take many acquisitions to get there. But good if they can.