Replies to post #20503 on New Colombia Resources Inc fka NEWC

[HokieHead]

This will be huge, these levels will be a thing of the past in 2017. This will demand a market cap well in to the $100 millions. With 250-300 million OS you are talking a stock worth in the dollars..

A few bullets:

-Colombian coal accounts for close to 75% of coal imports to the U.S. and the company has been approached about possibly blending their coal to upgrade U.S. coal of lesser quality.

-New Colombia Resources' Blue Gem coal is only found on the KY-TN border and central Colombia and is used to produce specialty metals such as Silicone to make solar panels, electric car batteries, and many more next generation products. New Colombia Resources has concession contracts and applications totaling 5000 HA of high quality metallurgical coal that will always be needed to produce steel and other specialty metallurgy products.

-New Colombia Resources has an estimated 17 Million tonnes of coal on the first mining title they are developing. It is estimated to be 70% metallurgical and 30% thermal, the value of the metallurgical coking coal at today's market prices would be $ 3.6 Billion.

-Company subsidiary, Compañía Minera San Jose Ltda. has entered into a $ 200 Million LOI with a foreign company to develop their coal mines to build and supply a power plant at the company's property. This would provide a local market for their thermal as the metallurgical coal is exported to the World markets.

-Government officials are anxious to help New Colombia Resources develop this project. A meeting with the Minister of Energy and the foreign entity building the power plant is expected to take place this month. Colombia's dependence on hydro-electricity is of great concern to officials due to changing weather patterns. The ANM is encouraging New Colombia Resources to develop their operations as quickly as possible to advance the mining sector in Colombia and provide energy. The Agency is focused on encouraging direct foreign investment to Colombia's mining sector, they are referring international coal buyers to New Colombia Resources.