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zomniac

03/26/12 10:17 PM

#10827 RE: ~ Blue ~ #10826

Once again, I bring up my post
which hasn't had a reply to date.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=73678695
Front Page » October 18, 2011 » Carbon County News » Horizon lays off 53 miners temporarily

It should take about six months to develop another section to resume full employment levels again.



Up to 50% of production was lost AFTER all these glowing reports that are being posted.

The company is presently selling pick-up truck loads of coal.

There are less than 100 workers above and below ground.

The financials will not be due (fourth quarter annual 10-K) until (?) April 15th.

When you lose a coal vein, you lose income and the costs of mining rock to get back to the coal vein are no small matter.
It's surprising that the company hasn't issued a 8-K to take note of this development.

Has anyone done any DD on this development ?