Post by
Coalmnr on Jul 26, 2013 8:09pm
Possible buyers in town......
There were 4 possible buyers from different countries at the New Elk Coal Mine looking at the mine to buy it.... England, India, and China were among the four interested buyers and there are two more
Interested buyers coming next week to show there interest in purchasing the mine. This information came to me from a very reliable local source, so I leave this post for now with this information. With the new management we will see if they can do something with all of the potential interested buyers.
Comment by
riverrocks on Jul 26, 2013 8:22pm
Might the reason the volume is up this week.
once again great news.
Comment by
xo42 on Aug 12, 2013 4:39pm
Bond, imo i don't believe there are any conditions to convert and that would put you in the second scenario you mentioned. Also you assume they will sell the company for $200 million. Seem high to me.