Xenolith have a few options here!The Gregg River mine, 40 km...

Xenolith have a few options here!

The Gregg River mine, 40 km south of Hinton, Alberta, produces about 2M mt/yr metallurgical coal for customers in North and South America, Asia, and Europe.

The Coal Valley mine has recently produced about 1.7M mt/yr and is being expanded to 2. IM mt/yr. The Obed Mountain mine, 30 km northeast of Hinton, Alberta, produces about 1.5M mt/yr. Both mines produce high-volatile bituminous thermal coal for power generating stations both in Canada and overseas.

Xenoliths mine could be a real cash flow positive venture that may be eventually be taken over by the likes of Luscar Coal Income Fund, based in Edmonton, Alberta.

Luscar becomes Canada's largest and North America's seventh-largest coal producing company, ranking behind Peabody, Arch, Kennecott, Consol, AEI Resources, and Cyprus Amax.

Time will tell

Good Luck to all that hold XEN

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