Post by
wallywill on Jan 28, 2010 9:40am
3rd auger
The agreement from the Oct news release:
"Both Engle Hollow Mining and Kentucky Mine Power have agreed to a fixed cost per ton of coal mined"
My impression is that there is enough coal to keep 3 augers in operation. Having 3 augers in operation will not cost NAG anymore as it is based on coal procduced and not number of augers used.
A news release clarifing numbers would clear things up.
GLTA
Wallywill
Comment by
TCI_ on Jan 28, 2010 11:32am
Maybe today's news wasn't the big production number news release that was anticipated but in my mind this means that we should expect another NR in the next couple of weeks based on the Nov.23rd to now of actual production. I am liking NAG for the continued NEWS flow. I have other juniors who only like to release news every few months if even that much. GLTA!TCI