CCC 0.00% 0.1¢ continental coal limited

politically stable, page-10

  1. 98 Posts.
    You know i keep reading all the positives about this company and guesstimates which in themselves can be dangerous but i am concerned about some the comments regarding the experience of the directors. Not one of them has any experience running or starting up coal mining projects and in my experience over the years in this industry this usually is a recipe for disaster. Centennial coal takeover of powercoal is a prime example took them a good 7 years to work out how to make decent profits and run the mines. They were small mine experts taking over a much bigger project and struggled and they did have some good experienced people.i hope for the HC holders that this is not the case with these guys but i don't see any of the directors with any previous runs on the board. Which is the reasons i will hold off buying in still too many holes to drill.
 
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Currently unlisted public company.

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