InvestorsHub Logo
Followers 423
Posts 39062
Boards Moderated 2
Alias Born 12/21/2006

Re: Pedro2004 post# 8802

Saturday, 08/02/2008 2:46:10 PM

Saturday, August 02, 2008 2:46:10 PM

Post# of 22460
Now that is going to be the question for the future!!! See my bet is all these other coal miners are trading at about $50.00 per share some even $70.00 per share. Now I know coal can only be mined a few ways. Now listening to the CEO of MME he said on CNBC coal cost about $60.00 per ton in expenses to get out of the ground and sold! So I figure I am going to go with what he says cause he is an expert plus some. So, my bet is our costs will be around $70.00 total cost per ton giving the company a profit of $25.00 per ton. Now that is worth investing in when the stock is at .0161 per share!! Now if on the first FULL PRODUCTION report that goes with to the BK judge I am going to find out if I am right or not!! Full production will be sometime really soon here in August so I am not taking my shares out of my sock drawer until I see those reports in September. Nice chatting, I see you still don't believe in taking a risk so I have decided that you need to go back on ignore!!! I also suggest all others do the same!!! Have a great weekend, enjoy the weather in California!!


Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.