SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : MTEI - Mountain Energy - Info Only
MTEI 0.002400.0%Oct 14 3:02 PM EDT

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: sandstuff who wrote (15)6/8/1998 9:27:00 PM
From: mnispel   of 52
 
WV Coal Mining DD: (A beginning)

Although the company claims its ultimate interests are at least in part "development and production of passed over developed domestic oil and gas reserves utilizing modern technology to find and enhance production", we should begin with what we know:

1. 30 separate properties in West Virginia with approximately 1,300 acres owned in fee and an additional 1,300 acres of mineral rights. Reserve estimates by the U.S. Geological Survey (''U.S.G.S.'') indicate in excess 10,000,000 tons bituminous coal.

2. an additional 8,000 acres of mineral reserves in Lincoln and Raleigh counties in West Virginia.

Below is a beginning of info on WV Coal Mininig:

WEST VIRGINIA:

MOUNTAIN STATE AREA: 62,758 sq km (24,231 sq mi).
POPULATION: 1,822,000. CAPITAL: Charleston, pop. 57,100.
ECONOMY: Industry: chemical products, mining, primary metals, stone, clay, and glass products, tourism. Agriculture: cattle, dairy products, poultry, apples.

Bituminous coal, natural gas, oil, and silica underlie this rugged Appalachian state. Only Wyoming and Kentucky produce more coal.

Map: (See Lincoln & Raleigh counties in the SW part of the state)
mahogany.lib.utexas.edu:1000/Libs/PCL/Map_collection/...

Histories of Mining in WV:
clearlight.com

WV Mining Companies:
mustangmine.com.au

US & WV Coal production:
wvcoal.com

US total: 1,063,856,000 tons/yr
WV total: 174,008,217 tons/yr (16% of US)
WV mines: 741 total (483 underground / 258 surface)

WV Coal Production by County:
wvcoal.com
Lincoln: 2405 tons in 1996 (all underground)
Raleigh: 13,589,703 tons in 1996 (91% underground)

USGS Thematic Maps
Miscellaneous Field Studies: West Virginia (Coal & Mineral Resource maps for $4)
cpg.cr.usgs.gov

Glossary of Coal Terminology:
wvcoal.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext