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Bullboard - Stock Discussion Forum Cooper Minerals Inc V.CQ

TSXV:CQ - Post Discussion

Cooper Minerals Inc > All Coal Related Heating Up
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Post by MiksPiks on Jan 09, 2011 4:20pm

All Coal Related Heating Up

Hope we get going soon or I'm putting my money into one of these.


As well, shares of Royal Coal (TSX: V.RDA, Stock Forum) rose 20% to 30.5 cents as the coal exploration and production company announced that Sandstorm Metals & Energy has advanced US$2 million of the US$11 million total upfront coal purchase payment committed to Royal Coal. In accordance with the coal purchase agreement, the remaining US$9 million will be remitted upon completion of certain funding conditions, which is expected by February 2011.

Novadx Ventures (TSX: V.NDX, Stock Forum), meanwhile, reported that its wholly-owned subsidiary, MCoal Corporation, has received the initial US$5 million advance payment under the definitive Coal Production Payment Agreement with Sandstorm Metals & Energy previously announced on Nov. 26, 2010. This first payment entitles Sandstorm to receive a life of mine coal stream consisting of 8.5% of the metallurgical coal surface mined from MCoal's Rosa Mine for a fixed price of US$75 per ton. Novadx stock popped 10% to 45 cents.

Comment by Georgieboy1 on Jan 09, 2011 4:48pm
Miks, patience is always a virtue!  CQ will have its day in the sun sooner than later...anytime between this week till the end of Jan!  Sit tight, hey, we've come this far and things will soon be churning here!  (Look at how tight these shares are held!)  George
Comment by MiksPiks on Jan 10, 2011 10:39am
Thanks George, I'm here for a reason and that's to make money, I like this one alot but getting impatient watching other coal stocks I like making their move. Timing is everything as you know.
Comment by Georgieboy1 on Jan 10, 2011 2:23pm
It is looking good here!  George
Comment by DriveKiller on Jan 10, 2011 11:29pm
George, based on what would you say it's looking good?  There's not a whole lot of info on what Cooper is up to. Thoughts?DK
Comment by Ride_The_Hype2 on Jan 11, 2011 7:19am
Selling, buying... ...market book are more important - and the people behind a stock!
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