Interesting article. Will be interesting to see how things will work out.
https://finance.yahoo.com/news/rie-anthracite-pro ... 00280.html
Ziggy.
RIE COAL COMPANY SOLD
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Hambden Bob
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Well Zigg.. Perhaps We're witnessing a small pivot in NEPA.. I "Guess" that 1 million in a Breaker Upgrade is a good start..!!
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hank2
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Sounds like Guess is also trying to acquire other Anthracite operations.
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lzaharis
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It will be interesting to see how serious they are about
installing "modern equipment" and hopefully installing
a Pennsylvania Crusher Bradford Breaker and new
horizontal reciprocating screeners to make a huge
difference in the quality of the coal they process.
installing "modern equipment" and hopefully installing
a Pennsylvania Crusher Bradford Breaker and new
horizontal reciprocating screeners to make a huge
difference in the quality of the coal they process.
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miner1979570
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Yeah definitely not sounding good for the place. The guy seems like a con artist of some sorts. Just look up Jerry guess and his company. Best thing could be done there is complete and total new management with someone that actually knows what they are doing. Had good people hired at first but because of poor management practices, buying extremely low quality and low recovery materials to feed the plant with gave low quality junk for a end product so this is what you get…. Outta business fast.