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Gold/Mining/Energy : RADAR ACQUISITIONS CORP. RAC ON THE A.S.E.
RAC 10.390.0%Oct 28 9:42 AM EDT

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To: beach$ who started this subject2/16/2001 12:06:51 PM
From: beach$   of 56
 
Why Radar is a Strong Buy!

13000 acre property in eastern Colorado approx. 50 miles east of Denver -titanium, ilmenite, rutile, garnet, zircon. Watts, Griffis & McQuat engineering estimate a heavy mineral resource of 18 million tons on the 2.5 sections drilled to date.

What makes this company a buy?
"Overlying the heavy minerals is a seam of approx. 100 million tons of lignite coal that may be used to generate electricity for the power starved western states"

Worldwide, coal is second only to oil as an energy source. About 70 percent of the world's coal production is used to generate 40 per cent of the world's electricity, 12 percent is made into coke used to produce 70 per cent of the world's steel, and the remaining 18 per cent is used for other industrial and domestic purposes. Countries deriving a majority of their electricity from coal combustion include Poland, China, South Africa, Australia and the United States. Approximately 20 per cent of Canada’s electricity is generated by using coal.
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