re: Ann: High Quality Coking Coal Properties ... Past performances of other companies is not a good guide. We can compare AVB and AKM and be no wiser as to what CEO will do.
As for silly comments like "the more you reduce uncertainty the easier it is to value the enterprise"
Well really? Why didnt I think of that!
How about another useless comment like "buy low sell high"
At the send of the day we are investing/trading in a speculative company. What is for certain is that it brings higer risk and therefore potentially higher returns.
Mark may or may not have the goods but its up to each individual investor whether they are willing to find out. So far so good. It could be better but it could also be a lot worse.
As for the capital raising, it will probably be large ($10Mill) but you cant make an omlette without breaking a few eggs.
re: Ann: High Quality Coking Coal Properties ... Past...
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