Post by
rborhi on Jun 25, 2010 1:37pm
summer doldrums
Feels like summer market doldrums have set in, despite the latest release. At least mCoal should be profitable now week to week with the Rosa mine. The letter of intent for the new Rex area still has a lot of details to work out before the acquisition becomes official, then there will be time needed to actually start mining there, not sure how long that will take but at least they say they want to start production asap. We may see a jump when they post some quarterly results.