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American Resources Corporation (AREC)

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Last Post: 9/21/2019 12:26:55 AM - Followers: 10 - Board type: Free - Posts Today: 0


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AREC Snapshot

AREC's fully functioning McCoy Elkhorn Complex
AREC's McCoy Elkorn Complex
AREC's fully functioning McCoy Elkhorn Complex.
"With over 12 years of experience in successfully operating coal assets throughout all stages of market cycles,
we have built a platform focused on our customers, investors 
and employees to deliver accretive growth safely and efficiently."

American Resources Corporation’s roots date back to 2006 when the founding partners successfully restructured a coal mining
complex of 7 mines and a wash plant located in Floyd County, Kentucky. Since then, management has utilized their operating
philosophy focused on safety, efficiency, cost, and coal quality to acquire and restructure high-cost mining complexes in eastern
Kentucky to become efficient and profitable operations. In 2015, the company’s wholly-owned subsidiary, Quest Energy Inc., was
formed as management actively pursued acquiring strategic coal operations that were struggling during the coal industry’s downturn.

Through the acquisition of Deane Mining, ICG Knott County (later renamed Knott County Coal), and McCoy Elkhorn Coal,
American Resources currently operates both metallurgical and high-grade thermal coal mines in eastern Kentucky. With
a large number of low-holding cost permits that access metallurgical coal, PCI and high BTU low sulfur coal the Company
is executing on its organic growth plan while continuing to identify accretive acquisition targets that meets American
Resources’ low-cost, efficient coal mining model.

"American Resources Corporation is not just another commodity-based company; we are building the next generation of mining
companies utilizing strict discipline of performance, productivity and safety. The key to our success is the operating culture
our team embraces that thrives on efficiency and accountability, enabling the company to capitalize on all market cycles."

                                                                      HEADLINES FOR 2018
Date   Headline
Nov 15, 2018 American Resources Corporation Appoints Independent Board of Directors
Nov 8, 2018 American Resources Corporation Announces Closing of Synergy Coal Acquisition
Nov 7, 2018 American Resources Corporation Announces Expansion Plan of Carnegie High Vol Met Coal Mine
Oct 29, 2018 American Resources Corporation Acquires Metallurgical Coal Mining Complex in West Virginia
Oct 3, 2018 American Resources Corporation Expands Coal Processing and Transloading Services Business
Sep 25, 2018 American Resources Corporation Announces the Divestiture of Non-Core Operations and Reduction of Company Liabilities
Sep 20, 2018 American Resources Corporation Appoints Tarlis Thompson as Chief Operating Officer
Sep 10, 2018 American Resources Corporation Records Record Revenue for August 2018
Aug 2, 2018 American Resources Corporation Secures Coal Processing and Transloading Agreement
Jul 26, 2018 American Resources Corporation (OTCQB: AREC) 2018 Letter to Shareholders
Jun 18, 2018 American Resources Corporation Begins Trading on the OTCQB Venture Market
May 30, 2018 American Resources Corporation Begins Production at Razorblade Surface Mine
May 29, 2018 American Resources Corporation Reduces Company Liabilities by Over $18 million
May 14, 2018 American Resources Corporation Acquires Active Surface Mining Operation
May 10, 2018                   American Resources Corporation Secures Additional Coal Mining Equipment for Expansion of Existing Mines
Apr 24, 2018  American Resources Corporation Acquires Metallurgical Coal Mining Operations in Eastern Kentucky
Apr 23, 2018 American Resources Corporation Files 2017 Form 10-K and Audited Annual Consolidated Financials
Mar 13, 2018 American Resources Corporation Files September 31, 2017 Form 10-Q


As the COMPANY SNAPSHOT mentions AREC's Revenues have been ramping up over the last year two years. 
     2016       $7.6 million
     2017      $20.8 million
     2018 YTD  (as of 08/30/2018): $19.8 million     Expected $28-30 million for 2018.

As REVENUES have been ramping up their GROSS PROFIT and EBITDA have been improving.  Editing (11/16/2018)... Lost and expenses increased as they have been bringing additional mines online and upgrading current mines to make them more efficient and productive (see press release 

Quarter (in millions)   Rev         Gross Profit        Net (loss)            4 Quarters Rolling
'17 Q3 4,351 1,554 (1,809  
'17 Q4 5,486 1,449 (5,356) 9,837
'18 Q1 7,325 1,851 (2,669) 17,162
'18 Q2 7,023 2,403 (1,860) 24,185
'18 Q3 9,038 2,347 (3,628) 28,872
'18 Q4        
 * from SEC.GOV Filings on https://www.otcmarkets.com/stock/AREC/financials

 RADIO INTERVIEW with UptickNewswire.com from August 13, 2018
Here's an informational interview of our CEO Mark Jensen with Everett Jolly from UptickNewswire.com Radio: (Length: 9 minutes)

Press Release and Uptick Newswire Broadcast.

Information of note from Interview / Press Release: 
Management forgave over $18 Million owed to them in company debt and exchanged it for an equity interest in the present company.   
Revenues have been growing at over 40% over last year.
Merger and Acquisitions will continue to be part of the plan for further growth.
In the last year the Value of Coal has increased 45-60% and exponentially increased profit margins.

 RESEARCH REPORT from Sylvacap.com dated September 4, 2018

"A New Standout in Middle-Market Coal: American Resources"

                                                                   AMERICAN RESOURCES CURRENT OPERATIONS
McCoy Elkhorn Coal
McCoy Elkhorn Coal is located in Pike County, Kentucky and currently has two operating underground mines within the Glamorgan and Alma coal seams, with additional mines in development in the Alma, Cedar Grove and Pond Creek coal seams. McCoy Elkhorn mines and sells metallurgical coal, and utilizes its two state-of-the-art processing facilities with a combined capacity of 1,300 tons-per-hour, and batch-weight loadouts on the CSX railroad.
Knott County Coal
Knott County Coal is located primarily in Knott County, Kentucky and will utilize both surface and underground mining methods in the Lower Elkhorn, Elkhorn 2, Elkhorn 3, Elkhorn 3 Rider, Hazard 4, Hazard 4 Rider, and Amburgey coal seams.  Knott County Coal will mine and sell PCI, industrial, and high-grade thermal coals, and utilize its 400 ton-per-hour preparation plant and batch-weight loadout on the CSX railroad.
Gold Star Mine
ERC Mining Indiana Corporation operates the Gold Star Mine and is located in Greene and Sullivan Counties, Indiana and consists of a box-cut underground mine accessing approximately 54.9 million tons of high-grade, low sulfur coal within the Indiana IV and Indiana III coal seams.  The Gold Star Mine utilizes its 170 ton-per-hour preparation plant and batch-weight loadout on the Indiana Rail Road.
Deane Mining
Deane Mining is located in Letcher County, Kentucky and utilizes both surface and underground mining methods primarily in the Elkhorn 3, Hazard 4, and Hazard 4 Rider coal seams, with additional mines in development in the Elkhorn 2, Elkhorn 3, and Hazard 4 coal seams. Deane Mining produces and sells PCI, industrial, and high-grade thermal coals, and utilizes its 800 ton-per-hour preparation plant and batch-weight loadout on the CSX railroad.

American Resources Corporation Begins Production at Razorblade Surface Mine  May 30, 2018


Videos of New Operations and Events at American Resources Corporation
First production runs, new equipment implemented, fully loaded train departs, etc.

Slide Show of American Resources Corporation

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#162  Sticky Note NEWS TODAY 6-11-2019!! "2019 LETTER TO SHAREHOLDERS" RandyKCMO 06/11/19 11:48:24 AM
#228   Article is only sort-of relevant. The article's RandyKCMO 09/21/19 12:26:55 AM
#227   https://www.msn.com/en-us/money/markets/the-market-has-spoken-coal-is-dying/ar-A bonehead41 09/20/19 09:16:02 PM
#226   Looks to me like AREC's stock price and RandyKCMO 09/11/19 02:11:02 PM
#224   The Report and Recommendation is by Maxim's Tate RandyKCMO 09/10/19 02:56:42 PM
#223   Plus... I've heard, but not yet seen that RandyKCMO 09/10/19 10:44:13 AM
#222   Looks to me like shares are coming harder RandyKCMO 09/10/19 10:38:23 AM
#221   I have been personally shorting this, I got bonehead41 09/09/19 09:28:15 PM
#220   The Presentation basically makes the point that in RandyKCMO 09/09/19 10:13:13 AM
#219   8-K Reports American Resources Corp presented at last RandyKCMO 09/09/19 10:07:33 AM
#217   And what about the stock price?? RandyKCMO 09/05/19 08:55:50 AM
#216   What does all this mean?? The proverbial RandyKCMO 09/05/19 08:40:34 AM
#215   NEWS American Resources Corporation Announces Organic Expansion Plans RandyKCMO 09/05/19 08:18:18 AM
#214   Going lower, will cover at 0.5 and below bonehead41 08/31/19 08:10:42 PM
#213   AREC raises $3,900,000 in recent underwriting. RandyKCMO 08/28/19 05:25:06 PM
#212   This was a great short play...Stocks go down bonehead41 08/25/19 05:28:02 PM
#211   One thing I’ve learned, no 2 financings are Badge04 08/25/19 08:54:37 AM
#210   Reflecting on things... I wonder if the company RandyKCMO 08/24/19 04:19:20 PM
#209   It's hard to say. My best guess is RandyKCMO 08/23/19 11:43:48 PM
#208   Any thoughts on what happened here the past Badge04 08/23/19 08:42:14 PM
#207   In my opinion... the long game is a RandyKCMO 08/21/19 03:30:52 PM
#206   Randy ...do we take some on the financing AXNMAN 08/21/19 11:41:13 AM
#205   AREC is A Wreck willlbone 08/21/19 09:39:39 AM
#204   Big numbers on the bid... Totalling RandyKCMO 08/20/19 03:24:10 PM
#203   Seems to be some downward pressure. So RandyKCMO 08/20/19 02:44:13 PM
#202   NEWS RELEASE 8-12-2019 American Resources Corporation Reports Second RandyKCMO 08/14/19 01:08:45 PM
#201   It sounds to me like they're still waiting RandyKCMO 08/07/19 12:06:45 AM
#200   News Release 8/4/2019 American Resources Corporation Files Updated RandyKCMO 08/06/19 09:43:44 PM
#199   I'm away this week... but I thought the RandyKCMO 07/24/19 05:57:35 PM
#198   RANDY...will u comment here on the report that AXNMAN 07/24/19 12:10:33 PM
#197   There may be a squeeze coming,from my conversations bonehead41 07/13/19 01:38:08 PM
#196   Yeah, I suppose that could be a problem. RandyKCMO 07/13/19 11:16:38 AM
#194   What happens if God forbid, a Democrat is logytwo 07/12/19 11:42:25 PM
#193   The stock seems to be trading quite well. RandyKCMO 07/12/19 04:59:11 PM
#192   You can short this just following the chart bonehead41 07/12/19 08:35:45 AM
#191   I doubt if you can borrow stock To AXNMAN 07/11/19 11:14:06 AM
#190   Agreed... I was away when this press release RandyKCMO 07/09/19 04:27:23 PM
#189   We are shorting this starting yesterday, Looking for 2.00 bonehead41 07/09/19 09:33:19 AM
#188   It could happen again but maybe not, They bonehead41 07/02/19 08:55:55 PM
#187   $AREC ...chart shows nice recovery from Panic sell-off ! AXNMAN 07/02/19 10:56:26 AM
#186   I think price movment and volume today and RandyKCMO 07/01/19 03:40:48 PM
#185   ALSO...$AREC...New sales director Because of Rapid coal production AXNMAN 07/01/19 11:41:16 AM
#184   $AREC...One of my favorite undervalued stocks,...Up cuz' AXNMAN 07/01/19 11:29:20 AM
#183   NEWS 6/27/2019. RandyKCMO 06/28/19 01:59:17 PM
#182   $AREC - 20 Day Hourly showing Breakout of UHD 06/21/19 03:56:27 AM
#181   Very impressed at this point. Looks like RandyKCMO 06/20/19 06:56:48 PM
#180   $2.80 low AXNMAN 06/20/19 04:12:40 PM
#179   huge group should help to get the word out. vhgier 06/20/19 07:55:36 AM
#178   I saw one of their powerpoint presentations a RandyKCMO 06/19/19 04:50:52 PM
#177   $AREC...nice chart +Pres. Trump mentioned steel mills back AXNMAN 06/19/19 01:57:21 PM
#176   Don't you just love it when companies do RandyKCMO 06/19/19 11:18:29 AM