In my opinion, PVM has a bright future over the next few years. Coal wash plant should be installed this qtr. allowing them to double or triple production to 2-3 million tons per year. It's been in their mine plan since the beginning and stated in recent press releases. The worldwide demand (China) for PCI coal is and more than likely will remain strong for the next few years.
I don't know the complete history of the company, it was known as Globletex, or something like that, a couple of years back. Metal mining then I believe(gold/silver).
As far as a pull back goes, on the daily chart the previous highs for PVM have acted as support and a base for the next move, so far.
The email I posted last night about $22/ton gross margin was only told to shareholders at the AGM(annual general shareholders meeting) and is not known publicly otherwise. This explains why Sprott Asst. Mgmt. is in this for the long term imo. Hope this helps.
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