Replies to post #23546 on New Colombia Resources Inc fka NEWC

[confuciussay]

Good points enthalpy.. Did you happen to notice that someone got an email today from the steel company that is a duplicate of the one that was stickied today? NEWC

judasgoat98 Member Profile judasgoat98 Tuesday, January 17, 2017 3:51:56 PM
Re: None Post #
23527
of 23540 Go
I just emailed American Steel Industries and confirmed the 90 million dollar coal contract for myself. Everything is verifiable, check for yourself. Here is the response


Blake,

Good afternoon.

We did sign a contract with NCRI for 500,000 MT of coal for 2017. If they can in fact deliver (to be seen), we would extend for another 10 years if NCRI would be interested.

From 1980-2003, ASI was one of the largest exporters of steel from the CIS (Eastern Europe, Ukraine,Russia, etc.). After dumping suits were filed, we turned to China. We are presently one of the largest exporters of steel from China and have been exporting for the past 12 years.

We have many joint venture partners in China, most of which are owned by the Chinese Government. The latter is how most business is done in China. Most mills do not export or import directly.

Our JV partners (representing mills) are now asking us for raw materials for export to China (i.e. Iron Ore, Coal, Pellets, Copper ore, Zinc, etc.)

Anyway, the latter business is our area of concentration at the moment. We hope NCRI delivers.

Thank you.

Sincerely,

Barry D. Bernsten
Managing Partner

American Steel Industries, LLC
309C S. 2nd Street
Philadelphia, Pennsylvania 19106
USA

Sales/Purchasing/Trading
Ph: 1 [phone]
Fax:[phone]
Email: [e-mail]

Sent from my iPhone

Barry D. Bernsten

Ph: 1-215-917-1700
Fax: [phone]

Private Reply | Keep | Public Re

[keyotee]

This will be back to .0132 soon enough, that equates to s 50 % loss!