First of all, consider Occam's razor. The simplest solution is that with the closing of multi-million dollar contracts and the management of start-up operations/equipment for mining is an expensive and time-consuming endeavour. It is surely the top priority.
Newc's late 10K is not news. It's right there on the OTCMarkets page. Any investor who has more than a couple of grand here is already aware of this fact and eagerly awaits the 10K. In terms of risk/reward, I'm happy to pay 2-3 cents for a stock that's late on filings if it has billions in potential coal assets. Things are lining up here and I am a patient man. The patient will reap the rewards the impatient give us. All indications point to you being the latter.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.