edenville released their results recently and made comment to the improving situation and that they are going to use cashflow to consider acquisitions. I'd guess tancoal may be one of them. as nice as the coal market is right now, IECs experience here has not been positive. that with the outstanding tax payments, I wouldn't be surprised to see them sell the asset into the coal strength to help fund their broader resource focus
Ann: Quarterly Activities Report, page-32
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