GLER has not indicated how the coal gets from the mine to the overseas destination.
Agree. There's alot of things we don't know yet. They're just starting. All in due time.
GLER at this point does not have it's own loading/shipping terminal on the east or west coast.
Agree... as far as we know. Do they have to own their own loading/shipping terminal? Can't they use/hire one? Is that possible?
Since at this time GLER does not have any contract with a shipping terminal ...
Agree. They don't, as far as we know.
You simpely just can't put up a new mining business in one day and publish all contracts/papers the second day.
I also agree on other 'statements'...don't bet your mortgage on it (never in Pinkyland)...play/invest Pinks with money you don't need...this is a good play...
I'm sure you can agree me on this one..."Time will tell" (and I mean also the past is behind us)
"Global Earth Energy, Inc. announced the planned acquisition of a rail loading facility in conjunction with project with Modern Coal in the Kentucky area. GLER has signed a purchase and sale agreement for the Cheyenne Resources rail tipple. Closing is set for August 11, 2011. Terms of the acquisition were not disclosed." http://www.reuters.com/finance/stocks/GLER.PK/key-developments/article/2347411
That's all we know so far. The rest will follow in due time I guess. IMO
Global Earth Energy Inc. (OTCBB: GLER) (OTCQB: GLER) is pleased to announce the planned acquisition of a rail loading facility in conjunction with our project with Modern Coal in the Kentucky area. GLER has signed a purchase and sale agreement for the Cheyenne Resources rail tipple. Closing is set for August 11, 2011. This will give the joint venture of Global Earth Energy and Modern Coal loading capabilities for the CSX Railway as previously announced.It will also allow the company to ship directly from their newly acquired and announced Samuel Coal facility to the east coast and Mississippi River. http://opensource.sys-con.com/node/1880274/blog