Kentucky Energy (fka QMIN)

[coaldollars]

Guys and dolls..these contracts are insignificant
here in Eastern Ky as coal is in demand by all companies.
The smart operators do not want locked in contracts as
as soon as it hits the ground(ready to load)Any company
(major) will pay $90.00/ton (and they will pick it up or haul just to get it) and subject to go higher. I'm specking
of Steam Coal.........Met coal is $210.00-250.00/ton on the ground..
Posting here just to let you know how coal market conditions
in the CAC (Central Appalachian Coal Basin)is currently.
BTW...I just recently did a survey for Massey on a 26" met
coal seam of 2 million tons...massey plans on investing 33 million dolllars to thin seam mine.----->QMNM met coal seam is 42" and
proven reserve of 3.4-3.7 million ton and permitted to underground mine.(The most economical way to mine coal.) (. Market cap for Quest
per stock trading market is showing 4-5 million dollars.
Market Makers have a long way to go with this one before
real valuations are realized!