American Resources Corp (AREC)

[RandyKCMO]

Yeah, I suppose that could be a problem. :(

However, I would think that even the Democrats support rebuilding America's infrastructure... plus I think AREC's "space" has a bullseye on the worldwide export market of metallurgical (coking) coal. There just aren't that many sources for the quality is coal we're focusing on producing.

If I understand what I've read, the worldwide demand for high-quality coal is softening with the whole tariff war with China, but the pricing is still very high... Between $100 and $200 per ton.

http://uscoalexports.org/2019/07/08/analysis-us-export-met-coal-pricing-weakens-on-atlantic-steel-prices-trade-tariff-fallout/

If and when these disputes are resolved and the world economy begins reflecting greater long term growth, I think we could be in for a pretty long and sustained ride.

There's always risk... but the flip side is risk is reward.

If their projected numbers are reached... which by my calculations are $100-$150 Million in revenue this year, and 1.5x to 2x that number in 2020...applying the fundamental metrics, we could easily see a $20-40 stock price in 2020.

Plus, remember our outstanding shares and public float are quite low.
OTCMarkets says we have 23.3 million shares outstanding. By my estimates, there are somewhere around 2 million shares in the public float. The company has huge insider ownership... somewhere between 60 and 70%.