Post by
Hozameen on Sep 14, 2008 3:20pm
hammerbit ..
I think we are still in the very early stages with this NEW Sask. coal discovery at GXS. This is the whole point ... coal this good, shiny, and hard has NEVER been found so far in Sask. The initial analyses were very encouraging .. more B T U s than normally found in Sask. Let's give it a chance .. as they say ' Never say never '. The B T U values, and the sulphur content are critical.
Comment by
heinz44 on Sep 14, 2008 8:15pm
dont let them scare you out of your positionsThe above remark pertains to "real" co's!!!!! that have or are close to having the goods!!!!
Comment by
angelnicky on Sep 15, 2008 7:45am
Again as previous mention, this is the main reason why GXS is not releasing the core lab analysis from the most recent exploration holes. There is coal there but it is a poor quality in terms of ash and thermal value. The question now is there an enough resource there to continue on? Time will tell. In the mean while, GXS SP will continue to decline.
Comment by
donat50 on Sep 15, 2008 8:35am
This is why NAG will have a better chance .They hold more land to search for good quality coal .Once the mermits are in and they start their drill program we should see good results I hope ! GOOD LUCK TO ALL