Replies to post #21113 on Kentucky Energy (fka QMIN)

[IPO$]

Are coal mines in Kentucky something worth looking at getting into?

[grapeman]

I am pretty sure it was the ash and the amount of washing that was a main issue.

<<Don't remember specifically, but it was relatively low- low enough to be mixed w/ high sulfur coal to bring the average down, but not low enough to garner any real premium by itself. The problem wasn't the quality of the coal, but the fact that the seams were too narrow, and too much extraneous stuff mixed in with the coal to make it profitable to mine. There's little if any chance that the mine will ever re-open. >>