National Coal Corp. (NCOC)

[RonnieD]

sry but that's not scary enough.
i will refer you to the July investor presentation
and all the bullish reports on coal, demand & price action.

refinancing may be difficult, however a combination of refi and equity or even a solution with all equity should not be difficult. there are only 8.5 million total shares.

think about this. National's total debt, indeed all its liabilities (considering payments made over last 2 months)
are only 42 million dollars. Now, what if a group decides to invest enough to cover that ? They will own a company that has no debt and is entering profitability. A company that very well may not have to borrow anymore for the forseeable future.

A profitable, debt-free NCOC with increased production in Mine 12, favorable coal prices and no debt on the balance sheet is on the way.