American Resources Corp (AREC)

[RandyKCMO]

Agreed... I was away when this press release was issued.

There are some pretty great quotations...

This position at American Resources is a newly created role that is in response to the company's rapid coal production growth and its anticipated continued increase of coal sales. The forecasted increase in production of high-quality metallurgical coal (or coking coal) and pulverized coal injection (PCI) coal over the next eighteen months will be sold to the international and domestic marketplaces.

[[Not to mention, this metallurgical coal sells for over $100 per ton... and with AREC's annual run rate somewhere between $150-200 million, I don't doubt he will more than pay for his wages by marketing AREC's coal at the highest possible prices!! AND OF COURSE this compares with $31 Million in Revenue for the whole of 2018!!!.]]

The Chief Executive Officer of American Resources, Mark Jensen noted:

"We are thrilled to have someone of Andy's caliber, character and work ethic join our team and his hiring comes at a time where we are forecasting rapid growth over the next four quarters.. We continue to see numerous opportunities to expand both organically and through strategic acquisitions and want to be more proactive in expanding our distribution network and servicing our customer base. Andy brings extensive knowledge and relationships to our platform which will certainly complement our growth."

And then Andy Cox concludes:

"I am excited to join American Resources Corporation in their endeavor as they continue to expand their operations and coal production" commented Andy Cox. "After understanding their production strategy and growth potential, I think I can add value to the team as the company executes on its growth."