BREAKING NEWS! Citigroup smells money — looks to sell Colonial Coal’s assets

While I’m not surprised, it was nonetheless heralded as BIG NEWS, that Citigroup Inc. (“Citi“) is now leading the charge to facilitate a sale of Colonial Coal’s two hard-coking coal (“HCC“) projects in the prolific Peace River Coalfield of B.C., … Continued

Colonial Coal — cheapest pure-play coking coal junior & active takeover target

Colonial Coal Intl. Corp. (TSX-V: CAD) / (OTCQB: CCARF) is a coking/metallurgical (met) coal company with two 100%-owned projects, each with Preliminary Economic Assessments (“PEAs”) on them. Both have been up for sale for nearly four years. Colonial’s projects are … Continued