Share Tuesday, February 28, 2012 5:15:55 PM Re: TEF $TER post# 5211 Post # of 10389 ~~AWSR updated DD with links, MUST READ~~
1) AWSR is an OTCQB fully SEC filer and audited company.
www.otcmarkets.com/stock/AWSR/company-info
America West Resources, Inc. (NASDAQ QTC: AWSR), headquartered in Salt Lake City, Utah, is an established domestic coal producer focused on the mining of compliant (low-sulfur) coal and its sale primarily to U.S. utility companies for use in heating water and creating steam used to turn turbine engines, and to ultimately produce electricity from coal fired power plants.
Since 2003, the Company has owned and operated Horizon Coal Mine, located 11 miles outside of Helper, Utah – about 120 miles southeast of Salt Lake City in Carbon County. Horizon is currently one of only nine active coal mines in Utah.
With a seasoned management team that has extensive experience operating in the western region, America West Resources, Inc. is on its way to becoming a large regional producer in the western coal market. The Company is pursuing exponential growth through acquisition of additional coal reserves and coal mining operations in the Western region of the U.S. and in key international energy markets.
www.americacoal.com
2) AWSR Completes Mine Development and Commences Full Production at Horizon Coal Mine
Cost to Produce Thermal Coal From the Mine Expected to Decrease While Coal Production Rate Escalates to More Than 60,000 Tons per Month
AWSR has total 500 million dollars term coal contracts
1) AWSR's China contract 200 million dollars
Signs Master Coal Purchase and Sale Agreement with leading China-based energy group – 4-year agreement valued up to $200 million dollars. Secures 4-year lease agreement for coal storage and export terminal at northwestern U.S. seaport in anticipation commencing coal shipments to China
2) Signs 8-month supply agreement valued at $7.4 million with western U.S. utility company
3) Signs 5-year supply agreement valued at $75+ million with coal-fired power agency
4) Signs 5 year supply agreement valued at $40+ million with Up to $500 Million in Contract Coal
5)Pacific Corp (Warren Buffet Affiliated) Sales Over the Next Decade