Grande Cache Coal: Concern about strengthening Canadian dollar, but optimistic about global market possibilities

摘要

Life is looking up at Canada's Grande Cache Coal, according to the company's CEO Robert Stan. "On a positive note, we are continuing to see a strong demand for our product. In the third quarter to date, we have sold 0.2 million tonnes bringing our fiscal year-to-date sales to 1 million tonnes," Stan said. "Market indications, including commentary from leading industry analysts, suggest we may see significant price increases in the coming coal year. Additionally, mining operations have resumed in the No. 12S B2 surface mine with Grande Cache owned and operated equipment."