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Friday, June 15, 2007 8:37:23 AM
Hidalgo Mining (HMIT) Jump Starts Its Coal Sales Campaign as First Agreement is Received. Intertrade Investment Group Submits LOI to Purchase 40,000 Monthly Tons of Coal, Generating Over $26.4M In Immediate Sales Revenues.
Business Wire (Tue, May 29)
Hidalgo Mining (HMIT) Negotiates Coal Contract with the Federal Electric Commission. Proposed Contract to Generate 20-30K Tons in Coal Purchases Equaling $11-16.5M In Additional Monthly Revenues.
Business Wire (Fri, Jun 1)
Hidalgo Mining (HMIT) Obtains Second Large-Scale Coal Purchase Commitment as New LOI is Received. J.A.B. Minerales International Submits LOI to Purchase Over $33M of Coal Production.
Business Wire (Wed, Jun 6)
That's potentially $70m + revenues per annum, and even with 226m O/S, earnings at 30% and a PE of '1' the pps could be sustained substantially above where it is now. You do the maths!!!!!
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