is this the next big coal play

Lot of positives happening lately into this stock that is making me wonder why this might be ready for a major run.First of all we saw lot of buying in the beginning of the week before a pullback in the market,BANK OF AMERICA just became a substantial holder with a purchase of almost 20million shares,which is just over 7%,also,Mr Wilson who is the managing director purchased 1million shares at market,solid 10million dollars in the bank and last but not least drilling started in july and awaiting results anytime and finally in the last quarterly report,REY SAYS THAT ONGOING DISCUSSIONS WITH POTENTIAL PARTNERS TO DEVELOP THE CANNING COAL PROJECT ARE CONTINUING.I suppose the next couple of weeks are very exciting indeed and very promising for this way undervalued coal stock......we will watch with ANTICIPATION!!!!!