If you intend to buy GLER, it might be a good idea to read through their array of SEC filings and PR over the past 18 months. All of their schemes amounted to absolutely nothing. Ask yourself this. How is it possible that an absolute outsider to the coal industry is going to make huge amounts of cash in the industry out of the Samuel Coal mine, if its such a great buy, why doesn't an insider buy it. Secondly, if you were a company that need to buy lots of coal....why would you buy it from someone that doesn't own any coal and has a questionable ability to deliver?
Folk, use a little common sense. This is a fairy tale.
