MODERN COAL DEAL LEGIT!!! HERE is YOUR PROOF. X's 2 Many are claiming they can't find GLER Joint Venture partne Modern Coal. Again this is a classic example of the b.s. that goes on here. Modern is very easy to find and the deal with GLER is legit!!
"MODERN Coal out of Midland, Texas. Modern is primarily an oil and gas company that will be expanding with GLER into the purchase of coal property in Kentucky to fulfill GLER's existing sales opportunities and a new contract brought by Modern Coal to GLER with Advent Enterprises. An affidavit from Advent of the sale to a U.S. based buyer will be announced and signed shortly.
The signed firm corporate offer by Advent is for 100,000 tons per shipload with a 3 month ramp up period to achieve thr Modern Coal . Modern coal LER J.V. Parterner - Address, News and Links-
"Coal News Modern Coal increases coal reserves portfolio in Kentucky EBR Staff Writer Published 20 April 2011 US based Modern Coal has acquired access to approximately 33 million tons of coal reserves in eastern Kentucky.
The company will be able to reach additional coal through mines operated on properties being acquired as part of a joint venture with Global Earth Energy.
Modern Coal believes that the additional coal will be a superb addition to the acquired properties and will extend the productive life of the acquired properties by many years.
This will also strengthen the company's ability to offer high-volume long-term contracts to a wider variety of coal purchasers.
The coal reserves on the acquired properties and the additional reserves are produced from numerous seams including the Amburgy, Elkhorn 1, Elkhorn 2, Elkhorn 3, Elkhorn 3.5 and Elkhorn 4.
These seams contain highly volatile bituminous coals with a sulfur content varying from 0.65% to 1.4% and with thermal parameters ranging from 12,000 to 13,500+ BTU."
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