Replies to post #11160 on Global Earth Energy Inc. (fka GLER)

[Chroma-Z]

It is possible but generally speaking the correct answer is no.

There are a few coal loading facilities in the Hampton Roads area and generally speaking the coal is purchased by a broker who then sells it to the end user.

For most (if not all) foreign trades the coal arrives via train (in most cases) and is held until the ship can be filled. The ONLY way this particular deal can be anywhere near true is if GLER and company had a storage yard to hold it and then load it on a ship.

In terms of localized and/or within US coal sales there are agreements between companies to provide coal via tractor trailer or rail to the final destination.

This single piece of information that you have asked has really provided a critical piece of the puzzle many are not aware of. This also makes this latest deal even more of a scam.

[seastock]

Much of the coal that leaves ky. moves on river Barges