Bluefire Renewables, Inc. (fka BFRE)

[PtownPoker]

The more one researches the less BFRE's lack of progress makes sense. Despite it not being in their best interest, 210 coal mines are slated to be built in China. This appears to be secondary to national pressures on provinces to build infrastructure to boost the lagging economy. Within this pressure, banks are not scrutinizing loans very closely. Against this backdrop is the pressure to reduce national CO2 emissions--so why is it so difficult for BFRE to settle funding? There are alternative energy sources sprouting investments all over China, as my finance friend in Beijing confirms.

I am trying to remain positive, but even cursory research on this topic suggests there should have been news here already. And, why no presser?

I know many rely upon charts, but the context is feeling pretty clear here.

Here's an article that sources the points I am gesturing toward in a very succinct way:

http://www.vox.com/2016/3/6/11168914/china-peak-coal?utm_campaign=vox&utm_content=chorus&utm_medium=social&utm_source=twitter