Tuesday, July 8, 2008

Cubed

The wholly owned subsidiary has an approved plan where a royalty (amount per ton) goes to the creditors until paid off. Brought up before in the blog while I was doing the DD.

Not an issue and will be more than paid off with the $8 million contract they already have for the firstcoal brought out.

He's been a basher since day 1 and if you read all 4400 IHUB messages dating back to 2005 you'll see why i'm comfortable.

I'm just asking if anyone else interprets this as they can't mine till July 21st as I see this nowhere????

3 comments:

Anonymous said...

Where does it say no mining until 7/21?

Possible buying opp at the open?

Latviski said...

Lots of lawyer speak...ugh. I hate reading that stuff.

I don't see no mining until 7/21 (but I'm no lawyer). 7/21 seems to be a final date for objections to be filed...

Gcubed said...

I saw it. Gimme a minute, I'm still having coffee. Just got off the throne ;)