Taking it to the streets. Stockhouse.com: Taking it to the street
reply post threaded view
CEC is 88% Met Coal for Steel Production...
 

Don't know why some especially Mountainman are trying to twist things here, but CEC is not trying to produce mostly thermal coal which would have it directly effected by Natural Gas pricing.

 

The Raven undergroung coal mine will produce mainly 88% semi-soft metallurgical coal which is suitable for the steel production industry.

 

Met Coal cannot be substituted entirely by Natural Gas to produce Steel period.  To even suggest that Natural Gas will put Met Coal to rest is plain lying and manipulative in nature, IMO.

 

The following is taken from CEC's Feasibility Study and they project approx. $100 per ton average profit margins FOB the Port of Port Alberny.  atb

 

"Coal processing will be conducted on site. Average wash plant yield has been estimated at 44%. The final coal products will average 88% semi-soft metallurgical coal and 12% thermal middlings product over the mine life."

 

reply post threaded view
 
 
 
Today's Feature  
 
Pacific North West Capital Corp.
Pacific North West Capital Corp. (TSX: PFN; OTCQX: PAWEF; Frankfurt: P7J) is a mineral exploration company focused on the discovery, exploration and development of PGM and nickel-copper sulphide deposits in geologically prospective regions in North America, particularly Canada. The Company's key asset is its 100% owned River Valley PGM Project in the Sudbury region of northern Ontario. The River Valley Project is one of North America's most advanced primary PGM deposits...