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    coal investing

    Thelon Enters LOI to Acquire Private Producing Coal Company

    Investing News Network
    Feb. 24, 2011 08:10AM PST
    Industrial Metals

    Thelon Capital Ltd. (CVE:THC) reports that it has entered into an option to purchase a 100% interest in a Private Tennessee Mining Company.

    Thelon Capital Ltd. (TSXV:THC) reports that it has entered into an option to purchase a 100% interest in a Private Tennessee Mining Company.

    The press release is quoted as saying:

    The company is a 30 year old privately held Mining Company currently producing 50,000 tons of Coal a month from 3 permitted mines, with a fourth permit in place and planned to start producing shortly. They currently are supplying local industrial and utility markets, with plans to take advantage of the growing USA export market

    Click here to access the entire news release.

    Click here to access Thelon Capital’s company profile.

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