Coal is hot AWSR is White Hot
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Breaking News Out today- AWSR .67c AWSR just came out with more great news.
Source: America West Resources Date: October 25, 2011 09:23 ET America West Resources Expands Coal Operations With Lease Purchase of Wildcat Loadout Facility Near Horizon Mine SALT LAKE CITY, Oct. 25, 2011 (GLOBE NEWSWIRE) — America West Resources, Inc.
(OTCBB:AWSR), a domestic compliant coal producer with mining operations in Central Utah, today announced the expansion of its Utah-based coal operations with the lease purchase of the Wildcat Loadout Facility, located just west of Helper, Utah, approximately 8 miles from the Company`s Horizon Mine.
Inactive since early 2010 but brought back into full production by America West last month, the Wildcat batch load-out system is currently processing high quality, thermal coal hauled from the Horizon Mine and shipped through direct rail access via Union Pacific Railroad and Utah Railway to the Company`s customers in the Western U.S.
In addition, the Wildcat facility is actively screening and sorting lump and stoker coal produced from Horizon, creating a new, high margin revenue stream for America West through sales of pickup loads to individual users and resellers in Utah and surrounding states. Designed to handle up to five milln tons of coal annually and service trains up to 110 rail cars, Wildcat may also begin accepting coal from other coal mining operations in Utah in the near future.
Dan Baker, President and Chief Executive Officer of America West, stated, “Through the vertical integration of the Wildcat Loadout Facility into our operating platform, America West will achieve a significant reduction in our coal trucking and transportation costs, dropping as much as two-thirds of the cost we were previously paying per load. Moreover, Wildcat gives us the opportunity to capitalize on entirely new business development channels within the coal supply chain, thus enhancing our revenue and earnings growth on a moving forward basis.” [1]Full release We urge you to do you work on this Coal name ASAP AWSR– America West Resources .87c Symbl: AWSR America West Resources OTCBB Price: .67c Mkt cap 39 Mil 52 week Range: .25c – $2.86 [2]www.americacoal.com About WHS We have been asked why are your Profiles at times dont move quicker or trade more volume.
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