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Aquarian Coal (fka AQGC)

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Last Post: 4/8/2016 5:45:21 PM - Followers: 1 - Board type: Free - Posts Today: 0


For More InfoAquarian has acquired rights to 52,000 hectares in the Riau coal basin of Sumatra, Indonesia.

The Aquarian Coal Corporation is in process of changing name from Aquarian Gold Corporation.

* Huge ground position all prospective
* Existing known deposit on part of property
* Neighbouring production to SE
* Government discovery of 850 mt on northern boundary
* 'World class' potential
* Possibility of very substantial reserves with low overburden
* 20km from navigable river
* Low ash 'envirocoal'

The three Sumatran coal basins have been significant producers of coal for over a century and contain two thirds of Indonesia 's known coal resources, with the balance located in Kalimantan, West Java, and Sulawesi .

Studies show growing demand from the Chinese power generating industry for Indonesian coal.

Coal continues to be second only to oil in meeting the world's energy needs, with most production for domestic use.

The international traded coal market has traditionally been influenced by Japanese demand. The new factor is the growth of the Chinese economy, doubling in size each 6 to 7 years. This is being reflected in increasing power demand, 70% of which is being met by coal power stations. Indonesian thermal coals are playing an important role in meeting that increase in demand. Moreover, that demand will be (a) long-term and (b) stable, generally under long term contracts. Indonesia overtook Australia as the world's leading exporter of thermal coals (mainly used for power generation) during the last year. Australia remains the biggest exporter of coking coal (mainly used in the steel industry).

Half of the world's coal reserves consist of low-rank coal, such as brown and sub-bituminous coal but the market for high-rank bituminous coal has become tight because of the sharp increase in coal shipments to China . In addition, Japan is nearly 100% dependent on imported bitumous coal and has, in the past, avoided use of low grade coals. However, a new process has been developed by Kobe Steel that upgrades brown coals (UBC process) to the same heat value as bituminous coal and with both brown and sub-bituminous coals comprising 86% of Indonesia 's output this technology may contribute significantly to Indonesia 's coal industry. Indonesia also expects to increase its own proportion of usage of coal as its energy needs rise.

Indonesia 's lower value coals are noted for their low-sulfur and low-ash content. This makes them more environmentally friendly.

In a Financial Times report (R. Bream, 2006) it is stated that 'although prices have come down slightly from the peak, coal for use in power stations - thermal coal - is still selling at about $ 50 a tonne, more than double the lows of 2002' .

The author states that a new vitality has entered the global market due to the steel boom driven by China and increasingly, high prices are encouraging the appearance of a new group of coal companies, including several Indonesian groups, which are exporting more coal to power stations in Europe as well as in Asia .

The value of Indonesian thermal coal assets has risen sharply, as reflected in a deal struck in March between Bumi Resources, Indonesia 's biggest coal exporter, and a consortium led by investment bank Renaissance Capital Asia. Bumi agreed to sell two coal subsidiaries, Kaltim Prima and Arutmin, for $3.2bn, having bought the assets in 2002 and 2003 for a total of $ 675m .

Indonesian coal is one of the growth points of the world energy/mining sectors. Transport and other factors make the demand location-specific. The upward demand trend is expected to continue. The pattern of long-term supplier-customer relationships is expected to continue. The Asian industrial revolution affects 40%+ of the world's population and if the Chinese economy slows to a 7% annual growth it will almost triple in size by 2020.

Aquarian has taken a strategic investment to position itself to take advantage of these trends, and has a size and quality of initial land position that would be difficult to replicate.

It plans to commence exploration and drilling immediately.

News Releases

• Aquarian Gold Appoints Former Pacific International Securities Partner Scott A. Rose to the Board of Directors
Market Wire (Mon, Mar 26)

• Aquarian Gold Corp. in Negotiations to Acquire Significant Coal Properties for Zimbabwe Properties Encompassing 68,000 Hectares
Market Wire (Tue, Mar 6)

• Spotlights Aquarian Coal, Corp.
PrimeNewswire (Wed, Feb 28)

• Aquarian Gold Corp. Announces Completion of Purchase of Indonesian Coal Properties
Market Wire (Wed, Feb 21)

• Aquarian Gold Corp. Makes Option Payment for Indonesian Coal Properties
Market Wire (Wed, Jan 17)

• Aquarian Gold Corp. Finalizes Audit
Market Wire (Thu, Jan 4)

• Aquarian Gold Corp. Plans Name Change, Appoints Consultant, Plans Drill Program for Indonesian Coal Properties
Market Wire (Thu, Nov 30)

• Aquarian Gold Corp. Launches New Website, Confirms Finalization of License Issue Process in Indonesia
Market Wire (Tue, Nov 28)

• Aquarian Gold Corp. Appoints New Chairman
Market Wire (Thu, Sep 21)

• Aquarian Gold Corp. Agrees to $10 Million Acquisition of Indonesian Coal Properties
Market Wire (Fri, Sep 15)
#44   AQGC Finra deleted symbol: Renee 04/08/16 05:45:21 PM
#43   AQGC Finra deleted symbol: Renee 04/08/16 05:45:20 PM
#42   Apparently they are snake-oil salesmen - the stock Ranb2khz 07/30/08 01:39:46 PM
#41   This stock is as stinky as one can di4 11/15/07 05:53:20 AM
#40   I'm pretty sure that no-one is going to di4 11/05/07 11:17:19 PM
#39   Are these guys pulling coal out of the makemarket 11/05/07 04:53:48 PM
#38   there is a gold show in New orleans di4 10/20/07 05:12:09 PM
#37   Hello all- long time no see! LOL! di4 10/20/07 05:05:50 PM
#36   Interesting start to the day today......................hmmmmmmmmmmm maritime1973 07/20/07 10:10:20 AM
#35   pretty interesting trading day yesterday.... 88k at 9 maritime1973 07/14/07 12:42:03 PM
#34   Thanks for the info Maritime and thanks again di4 07/12/07 07:33:31 AM
#33   I'm going to sit tight for now and maritime1973 07/11/07 10:42:03 PM
#32   Thank-you very much for calling--- I, along di4 07/11/07 09:19:38 PM
#31   Spoke with Ryan's father is also part of maritime1973 07/11/07 06:24:12 PM
#30   Thanks a lot! You're GREAT! di4 07/11/07 06:36:29 AM
#29   Called and got a message, I'll keep trying.... maritime1973 07/11/07 06:33:47 AM
#28   Thanks a lot! Looking forward to hearing di4 07/10/07 11:49:48 AM
#27   I'll try to get a hold of him maritime1973 07/10/07 11:42:58 AM
#26   I didn't, don't really know what to ask di4 07/10/07 11:29:04 AM
#25   did you call ? maritime1973 07/09/07 05:45:48 PM
#24   Well thanks for the info... I would really maritime1973 07/09/07 05:45:21 PM
#23   I wrote the company-- di4 07/05/07 02:18:04 PM
#22   Think this one is getting some life back maritime1973 06/24/07 02:06:02 PM
#21   thanx for the info. This is on AAsuited 04/14/07 10:08:52 AM
#20   73 million outanding 43 mill restricted, Drillman just maritime1973 04/09/07 01:34:38 PM
#19   how many shares outstanding? Pinksheets does not list AAsuited 04/09/07 12:16:44 PM
#18   nice stockpsychic 04/09/07 11:44:09 AM
#17   Supposed to get weekly updates once the drilling starts maritime1973 04/08/07 09:23:29 PM
#16   If they start this aggressive drill program is Drillman7 04/08/07 06:57:24 PM
#15   Yeah and they're trading at 90 cents maritime1973 04/06/07 09:13:49 PM
#14   See that KALG.ob they are over in the Drillman7 04/06/07 10:12:56 AM
#13   NEWS maritime1973 04/04/07 08:42:56 AM
#12   More news coming .... maybe this week maritime1973 04/02/07 07:30:59 AM
#11   Updated:2007-03-26 08:53:42 di4 03/26/07 09:40:29 AM
#10   NEWS !!!! More to come maritime1973 03/06/07 09:12:44 AM
#9   I listened in on the live conference call, maritime1973 03/02/07 11:05:45 AM
#8   Aquarian Gold Corp. Announces Completion of Purchase of maritime1973 03/02/07 11:04:30 AM
#7 Spotlights Aquarian Coal, Corp. maritime1973 03/02/07 11:03:55 AM
#6   Promo has started, conference call on Wednesday... alluded maritime1973 03/02/07 10:58:19 AM
#5   Who did you hear that one from? Larry Larrison 03/01/07 10:44:29 PM
#4   Boys I hear this one is about to maritime1973 02/08/07 06:42:32 AM
#3   Thx for the invite. I like this Moneyshot 12/14/06 02:44:51 PM
#2   looks good so far stockpsychic 12/13/06 09:48:35 AM
#1   This one's been maintaining it's level volume for stockpsychic 12/13/06 07:31:45 AM