Post by
mdzgn2006 on Apr 06, 2009 6:15pm
Excellent NR
Let's do a little math.
Let's take a theoretical coal seam that is 20,000 ft by 200 ft by 3 ft ..............@ 50 lbs/cu.ft it will contain 600,000,000 lbs of coal, i.e. 300,000 short tons. Central Appalachia coal is roughly $ 65.00
I hope I calculated right. Would someone double check this?
I firmly believe there is going to a be a PLENTY of coal for NAG to mine.
No matter how much some of you like to pick on HHAPPY, he happens to be bang on this one.
Comment by
Snowdogy on Apr 06, 2009 7:46pm
Yes, you can't compare the West Virginia coal seam thicknesses to the measurements being reported in Saskatchewan, ie GXS' 132m and CDB's 145m. Its a whole different world down there.Lets not pull another WER and have the sp drop tomorrow on good news.