Newlead Holdings Ltd. (fka NEWLF)

[Dragenn]

Good research. This stuff reminds me of why l invested in new lead. Now to just see some basic progress. So many posts complaining the mines are abandoned but l know they plan to have a company operate the mine for royalties which explains why they seem abandoned. The equipment costs 10s of millions + labour. It a beginner mistake for those that don't understand mining. If the mine is already operating where will they store the coal? Why buy and operate the mine when you can have a third party do it for you for a royalty. Just not sure how the fee structure will work out which explains why they hired consultants ( very smart and cost effective ). They can just ship the mined coal and everyone is happy they provide the mine someone else brings the equipment. Mining industry are as much in a ditch as shippers. Someone will jump at the revenues, so it not a concern. Just when does this happen. Delays are natural but Damn I'm not going to be happy if im the investment that gets diluted to keep things going