Followers
|
127
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
22426
|
Created
|
09/24/06
|
Type
|
Free
|
Moderators |
VHGI Holdings, Inc. BRAND SPANKIN' NEW Website:
VHGI Holdings, Inc. is OTCBQ Registered company and features an L2: http://www.otcmarkets.com/stock/VHGI/quote
Lily Group, Inc. (LGI) is a development stage and operating company in the energy resource industry that was formed to hold, explore, develop, operate, and manage natural resource properties, with an initial focus on coal exploration.
Lily Group (LGI) has acquired mineral deeds (encompassing approximately 2,800 acres of coal) for the right to an Indiana basin coal reserve located in Green County, Indiana. LGI has installed an operating coal extraction and preparation facility to mine and sell Coal IV from this property- to be known as the Landree Mine.
Lily Group, Inc. (LGI) is a development and operation stage company in the energy resource industry that was formed to hold, explore, develop, operate, and manage natural resource properties, with an initial focus on coal exploration. Lily Group was founded in the fall of 2007 by Mr. Rick Risinger to develop, operate, and open access to a known coal reserve in Indiana. Since inception, LGI has focused on developing the coal reserve to be known as the Landree Mine.
Lily Group (LGI) had acquired a mineral deed encompassing approximately 1,400 acres of coal from Mr.Risinger for the right to an Indiana basin coal reserve located in Green County, Indiana. LGI has received all permits and completed construction and installation of mining facilities and equipment in April of 2012. In total, LGI controls 2,800 acres of Coal IV. At a later phase, LGI also anticipates the mining of the deeper seams below the IV vein under production currently.
The Landree Mine is an underground mine, and is expected to be operated using room-and-pillar mining. Room-and pillar mining is effective for small blocks of thin coal seams. The mining operations cut grids of rooms into the coal seam, leaving inverted grids of pillars of coal to support the roof of the mine. Landree utilitzes continuous mining equipment to cut the coal from the mining face and battery cars to transport the coal to a conveyor belt for further transportation to the surface. The pillars generated as part of the mining process can constitute up to 40% of the total coal in a seam- although this coal can sometime be recovered at a later stage. Plans are for 45' x 45' pillars with 18' entries for the mains and 35' x 35' pillars with 20' entries in the rooms.
The coal extracted from Landree mine contains impurities, such as rock and sulfur, which comes in a variety of different sized fragments. Landree Mine uses a heavy-media coal preparation plant, known as a wash plant, located at the mine site. This coal preparation plant allows LGI to treat the coal extracted from the Landree Mine to ensure a consistent quality and size.
Shares Outstanding | 99,847,126 | a/o Nov 21, 2012 |
Float | Not Available | |
Authorized Shares | 250,000,000 common 10,000,000 Preferred | |
Par Value | 0.0001 |
+The Transfer Agent listed on the OTC( Island Stock Transfer ) is not correct:
Transfer Agent:
Signature Stock Transfer
Plano Texas
Phone (972) 612-4120 ask for Jason
Daily chart
Weekly Chart
VHGI HOLDINGS, INC. Filer : RISINGER PAUL R | SC 13D | 4/2/2013 | N/A | ![]() ![]() ![]() ![]() ![]() | ||
![]() | ![]() | ![]() | ||||
VHGI HOLDINGS, INC. | NT 10-K | 3/28/2013 | 12/31/2012 | ![]() ![]() ![]() ![]() ![]() | ||
![]() | ![]() | ![]() | ||||
VHGI HOLDINGS, INC. Reporting Owner : RISINGER PAUL R | 4 | 3/25/2013 | 2/18/2013 | ![]() ![]() ![]() ![]() ![]() | ||
![]() | ![]() | ![]() | ||||
VHGI HOLDINGS, INC. | 8-K/A | 3/22/2013 | 2/14/2013 | ![]() ![]() ![]() ![]() ![]() |
Todd Fromer/Rob Fink
KCSA Strategic Communications
212-896-1215 / 212-896-1206
tfromer@kcsa.com / rfink@kcsa.com
Posts Today
|
0
|
Posts (Total)
|
22426
|
Posters
|
|
Moderators
|