Kentucky Energy (fka QMIN)

[smaz1969]

Was any of it unclear? It doesn’t matter how many words I use to explain my opinion. Whether you agree or not, I believe there is plenty of coal to be mined in that seam. That cannot be reliably disputed. Whether Eugene can get it out of there and sell it at a profit remains to be seen. I believe Quest has the ability to get the coal out now, where they were having trouble last summer and fall. But they no longer have a contract to sell and the spot prices for coal have dropped below Quest’s profit margin. It’s a tough situation and they may not recover from it. It remains to be seen though. The story is not over yet.