American Resources Corp (AREC)

[RandyKCMO]

Article is only sort-of relevant. The article's focus is on coal for power generation plants. I don't doubt some of their production might be sold to that market. However the vast majority of their production is the high dollar coal used in steel petition.

AREC, American Resources Group, is a metallurgical coal company. The mines they are developing and focusing on are not for power generation, but the smelting of iron ore and the refining of high quality steel, which low vol call and natural gas can't effectively process.

A comparative company would be METC, Ramaco Resources.

I'm still thinking that as AREC ramps up production, and keeps producing high quality high in-demand Met-coal, their shares price will reflect their future value.