The long awaited coking coal resource statement for EPC 890 has finally been announced by RCI and stands at a whopping 880 million tonnes! Contrary to popular belief coal is not dead and even at a conservative figure of $100 per tonne RCI are sitting on a goldmine!This is one of the coal stocks to watch in 2009 as the world economy begins to recover from the nightmare that was 2008...would not surprise me in the least if another company offers to buy the lease outright or launches a takeover attempt as per BWN effort in 2007...either way RCI believers are about to be rewarded handsomely for their patience...well done holders!
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