More on the Winsway deal:
http://www.marketwire.com/press-release/grande-cache-coal-corporation-reaches-definitive-agreement-be-acquired-winsway-coking-tsx-gce-1579619.htm
Portion that gives us potential, imo, with the team involvement at CEO:
'... "We are very pleased to announce this transaction and the considerable value it brings to our shareholders. We believe the Arrangement is a compelling transaction for Grande Cache Coal's shareholders and recognizes our highly attractive mining operation and the exceptional team that we have assembled at Grande Cache Coal. In addition, Marubeni has had a long standing business relationship with the Corporation and has a 40 year history with the Corporation's mine. Furthermore, Winsway is one of our main customers for the Chinese market", said Robert Stan, President and Chief Executive Officer of Grande Cache Coal. ...'
Time will tell for us, but the ground work and contacts should work in our favour long-term.
Cheers :)
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