Anybody following Liberty Resources? If I understand their recent press release correctly, they just paid $300,000 for coal tenements that they had originally agreed to pay $10 million for back in September 2008.
Is that how much the price of UCG/CSG coal tenements have come down since the global financial crisis? Doesn't bode well for Linc's hoped for sale.
Or maybe Liberty was wildly over paying back in September? Something doesn't make sense here.
CXY Price at posting:
6.4¢ Sentiment: LT Buy Disclosure: Not Held
