Post by
Aunt_Sally on Nov 24, 2008 1:34pm
RE: RE: Cost of production!!!!
The COST of production is way to HIGH at this LOW heating grade coal price!!! This will NEVER become a mine of any sort!! Best BAIL out now, before it's too late!
IMHO
Aunt Sally
PS: BAIL out SOONER rather than later, or you RISK having to SELL at 3¢!!!!
Comment by
Saturn4 on Nov 24, 2008 1:50pm
Generally speaking, W. Virginia where ACC is has good quality coal ... I'm assuming that so does NAG since its in the same region ... we just need NAG to prove it. OK, where's the drilling at ACC like NAG said it would do once the deal went through?? It's been almost 2 months now!!!
Comment by
Aunt_Sally on Nov 24, 2008 2:11pm
Secondly, and more importantly, why did ACC sell for $200,000? Yes, they have up to 16 million shares, but that could take for EVER, if ever, to pay off!!!Aunt SallyPS: IF I had a "KNOWN" Major coal deposit, and I KNEW the price of coal was going to go through the roof, why would I SELL for two hundred thousand?