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Microcap & Penny Stocks : ICVI (now MTEI) -- Ignore unavailable to you. Want to Upgrade?

To: BRANDYBGOOD who wrote (9770)	6/8/1998 4:03:00 PM
From: Thomas Patrick	Respond to of 11850

You are the one comparing "bituminous coal" to "recoverable" coal. Why? I have no idea. Estimated is just that, what do you want down to the exact gram? Real simple: Someone ask you, "do you want this basket of roughly 80 apples? and you say "no way I never heard of an apple called "roughly 80". does that make sense? no roughly 80 = recoverable apples = bituminous coal

To: BRANDYBGOOD who wrote (9770)	6/8/1998 4:06:00 PM
From: Mark G	Read Replies (1) \| Respond to of 11850

Brandy, You are comparing apples to oranges. We have in excess of 10 million tons of recoverable bituminous coal. How much we recover depends on how good of miners we are. Mark G

To: BRANDYBGOOD who wrote (9770)	6/8/1998 4:08:00 PM
From: mnispel	Read Replies (1) \| Respond to of 11850

Ah Ha! A use already for the glossary! From: minerals.net Bituminous - Consisting of hydrocarbons (such as coal) and materials formed from them. From: wvcoal.com Recoverable Reserves -- The amount of coal that can be recovered from the Demonstrated Reserve Base. There are about 285 billion tons of recoverable reserves in the U.S., enough to last nearly 250 years at current consumption levels. They are two different things. I think the assumption is that the "recoverable" coal is by definition "bituminous", and the ICVI "bituminous" coal is largely "recoverable." What is "largely"? To the extent that it isn't 100%, your comments would be correct. Anyone know a normal recovery rate? Mark N.