Replies to post #13947 on Kentucky Energy (fka QMIN)

[ndstephens]

hey ranttrmike,

just so you know i'm long QMNM and still positive. have you been to the mine yet? where do you get most of your info from? phone calls? personally i've found you to be a good resource over at yahoo, but i'm curious to know where, how, and when you get your info if you don't mind.

[dale45]

If there working 6 to 7 days a week what are they doing cause from the september figures they sure aren't hauling coal at 1055 tons for the month thats 35 tons a day at this pace they should be out of business in a few more months shut down by the Bk judge, its nice to be positive but this is getting a bit rediculous.

[KingofPennies]

So, let's see.... If the are working 6 days/week and sometimes double shifts....

1000 tons/25 days = 40 tons per day. Then let's say 1.5 shift gives us 12 hours so 40/12 = 3.5 tons per hour or about 1 ton every 20 minutes.

It sounds more like they are pulling out tiny bit that amounts to nothing more than a few wheel barrows full.

Geez.... some mining operation Eugene has going on there.


imo