Kentucky Energy (fka QMIN)

[nanocap]

Thanks Smaz for your input. I see it the same way. Thank god I bailed early last year before the 1 for 10 and then the 1 or 100 in August. Although, I recently took an interest again and beleave that this could be a turning point. If EC can get it together and meet his long awaited production of 10,000 clean, he might just have a chance. With the right management and financing this leases have the potential to produce 100,000 raw roughly 40,000 to 50,000 clean tones for two decades before the seems are exausted. It's sad to see EC holding worthless paper (the leases)valued at $5 million tied to $7,500,000,000 in coal. At $67.00 a tones without price rises which are coming and a conservitive 10 million ton estimate in reserves equates to 670 million dollars in coal. even at a 70% cost it's still a couple of hundred million in potential profit over the life of the mine. It realy sucks doesn't it!

But, what you said is honest and real and I appreciate your input.
Thanks for keeping us posted.

04/20/2010 we'll have a clearer picture