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Bullboard - Stock Discussion Forum Colonial Coal International Corp V.CAD

Alternate Symbol(s):  CCARF

Colonial Coal International Corp. is a Canada-based metallurgical coal development company. The Company’s principal activities include the acquisition, exploration and development of coal properties located in Canada. The Company is also engaged in the acquisition of Watson Island, located just outside of Prince Rupert, British Columbia, for the purpose of developing a seaport terminal and... see more

TSXV:CAD - Post Discussion

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Post by dk9315stkh on Sep 08, 2021 6:09pm

2 WAYS TOO GO

With this run and scent in the air, there may be 2 ways to play.  the projects could be seperated with a high bid for Flatbed (300M T and a retention of Huguenout (400M T) by the company.  The northern property appears more accessible and should command a premium.  Once the southern property goes back into the hopper, we wait and probably wait even longer to unload to another buyer.  I can not see a bid of more than $1.1B for both which certainly provides a decent run rate but not quite the bonanza some hope to see
Comment by gossamer3 on Sep 08, 2021 10:40pm
This post has been removed in accordance with Community Policy
Comment by Moneycat on Sep 09, 2021 10:36am
Where there is smoke there is fire !! Something is definately cooking !