CanAm Coal Corp. (TSXV:COE, OTCQX:COECF) provided updates on sales and on its forecasting for next year.
As quoted in the press release:
The Company is estimating 2013 coal sales of between 700,000 to 900,000 tons, an increase of approximately 250,000 to 450,000 tons over 2012.
CanAm`s President and CEO, Jos De Smedt, said:
We are very excited about the Company’s positioning for 2013. We anticipate sales volume growth of at least 50% and, depending on when our new mines reach full production, we have the potential to as much as double production over 2012. As well, substantially all of this production is sold at premium pricing because of the high quality of our coal and the markets we serve.
Get the top stories on resource investing FREE!Learn what is going on before you buy from this FREE Special Report, Who is Kitco? to US Mint: Sold Out! – Top Articles from Resource Investing News.