American Resources Corp (AREC)

[RandyKCMO]

The stock seems to be trading quite well.

I'm looking forward to seeing their 2Q financials. The 10Q won't be out for another month or so (it's due August 15). I'm pretty sure it will be encouraging.

Multiple mine renovations have come online during the first and second quarters. We will be good to see/hear some hard data. Hopefully, we will get some details on our current monthly and annual run rates, as well as a range of growth they expect through the end of the year.

From my perspective, I don't see much risk for those investing in American Resources Corp at this point. If we can meet our production goals, and especially if we can show that we are EBITDA positive... or getting close, then our long term success is just a matter of time.

Bigger and smarter money than mine is making this happen. I feel like we're in pretty good company.