Discovering Canada’s Coal resources

Intersected 23 metres of Black Coal - Border property 50km north of the town of Hudson Bay, SK

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Message: potential is still stellar.

...Global coal production in 2004 was 2.73 billion metric tons. Since the density of coal is roughly 1.3 metric tons per cubic meter,.....

very Optismistist view:

assume area 2 km x 2 sq km x20m depth = 80,000000 x1.3 =~ 100,000,000 ton

assume 100/ton for coal = US10 billion

assume area 3 x3 x20 depth = 180,000,000 x1.3 = 240,000,000

assume 100/ton = 2.4 billion

we have only 17+ 2 million shares outstanding = 19 million shares

19 x12.00= ~ 220 million worth

This coming 2 weeks is very crucial to indentify additional 3 more holes with 20 m coal in depth

Price can shoot up 50 dollars easily once the other three holes

establish ( but very highly speculative )

one or two hour in advance news made people earn a fortune...

last week from 4.00 to today high 14.00 within less than 5 hours working hour..10 dollars difference



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