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jburns

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jburns

Re: irondog post# 492

Friday, 02/02/2007 9:10:14 AM

Friday, February 02, 2007 9:10:14 AM

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"Gwenco currently leases over 600 acres of coal mines that have approximately 12,999,000 tons of coal; 9,000,000 of which are proven reserves.

Eugene Chiaramonte, Jr., President of Quest, stated, "While coal prices have recently declined, the coal at the Pond Creek mine has inherently lower sulfur, making it a more valuable commodity due to its blending capabilities.""

http://biz.yahoo.com/bw/070201/20070201005403.html?.v=1
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