They're currently having the geological surveys done- to determine total reserves, % thermal and %coking coal. Once that's completed they'll provide the details and a timetable for operations.
That's why I don't believe PUDA will see any big price move until that is known- and my best guess is it will trade in the $6-$7 range until more details are known.
I plan to be a long term holder so am not too concerned about short term movements. PUDA will be the 2nd largest coal company traded in the US with capacity 3x that of LLFH and CHGY combined...yet has a market cap only about equal to LLFH's last I looked.
News 
Market Data 
Discover 
AI
