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Bullboard - Stock Discussion Forum Novadx Ventures Corp NDXFF

"NovaDx Ventures Corp is a mining company engaged in the exploration, development and recovery of coal. The company's operations are principally directed towards the Rex No."

GREY:NDXFF - Post Discussion

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Post by Hawkdog on Jun 15, 2010 5:29pm

met coal

HIGH VALUE PRODUCT

Rosa Coal is a very high-quality metallurgical coal, which is in high demand by MCoal's coal coking customers in Birmingham, Alabama. Metallurgical coals of similar quality to Rosa Coal currently sell in Alabama for approximately US$140 per ton. Rosa coal is used primarily for blending with other metallurgical coals prior to coking in order to ensure a consistent blend of coal entering the coke ovens and a high quality finished coke product. Additional uses for Rosa Coal include industrial applications such as activated carbon for water purification and specialty metal alloying.

Rosa specs - 15000 BTU is high quality


As Received: Dry: nova17
Total Moisture% 8%
Ash % 1.7% 1.8%
Volatile Matter % 25.1% 27.2%
Fixed Carbon % 64.7% 70.3%
Sulfur % 0.61% 0.66%
Calorific Value (BTU/LB) 14,000 15,200
Free Swelling Index 9
Hardgrove Index

67


Maximum Fluidity (DDPM’S) 1001
Start 405 C
Final 495 C
Range 90 C
Oxidation 94 min
Comment by Hawkdog on Jun 16, 2010 12:17am
The latest news release actually states $150.00.And to reiterate the quality is high and the location is good.  Nice try but very blatant.
Comment by Hawkdog on Jun 16, 2010 12:17am
The latest news release actually states $150.00.And to reiterate the quality is high and the location is good.  Nice try but very blatant.
Comment by Hawkdog on Jun 16, 2010 12:06pm
LOL, you sound like a whiney ten year old.Instead of whining why don't explain your statements, provide some proof and facts.  If you had provided a little more detail, such as they are selling their coal to coking plants 43km away , in which the average price these plants are paying is around 150, and not the met coal spot prices fetched in asian market which is 200+, and that ...more