Replies to post #511946 on Momentum Players

[~ Blue ~]

IMDS 30 million volume

[Flex]

VSUT~ These are the kinda things you DO wanna see , imo

We own 100% of La Tabaquera mine in Colombia with an estimated 17 MM tonnes of reserves, 70% metallurgical and 30% thermal coal. These reserves were appraised by a licensed mining engineer in Colombia for an estimated gross value of US$ 70 MM "in situ" in the ground.


Due to the high quality of our metallurgical coal reserves, the Company has received an informal offer, through one of its shareholders, from a subsidiary of a major international energy conglomerate for the purchase of La Tabaquera; the Company will weigh all options including being acquired.

The Company has increased its authorized shares in preparedness for these near term acquisitions. We have no plans to enter into any financing that could have a negative impact on our shareholders. The increase was done with the long term view of executing our business plan to take advantage of the huge roll up opportunities both in Colombia and the U.S.

Flex