CanAm Coal CEO Tim Bergen Interviewed on Midas Letter Money
Tim Bergen, CEO of CanAm Coal Corp (TSX.V:COE), joins James West, host of Midas Letter Money in an infomrative and revealing discussion about that rarest of TSX Venture companies - a profitably producing coal company. CanAm Coal operates four mines and a port facility, and has all of its coal sold until 2015. James asks Tim about the disconnect between the market cap and the share price in view of $13 million in projected EBITTDA in 2012 and $25 million in 2013...
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Tim Bergen, CEO of CanAm Coal Corp (TSX.V:COE), joins James West, host of Midas Letter Money in an infomrative and revealing discussion about that rarest of TSX Venture companies - a profitably producing coal company. CanAm Coal operates four mines and a port facility, and has all of its coal sold until 2015.
James asks Tim about the disconnect between the market cap and the share price in view of $13 million in projected EBITTDA in 2012 and $25 million in 2013. The company is producing about a million tonnes per year.
Click on the image (or link) below to watch the video in a new browser window:
http://www.midasletter.com/index.php/canam-coal-ceo-tim-bergen-interviewed-on-midas-letter-money
A full transcript of the interview is available here:
http://www.midasletter.com/index.php/canam-coal-ceo-tim-bergen-interviewed-on-midas-letter-money
About CanAm Coal Corp.
CanAm is a coal producer and development company focused on growth through the acquisition, exploration and development of coal resources and resource-related technologies. CanAm's main activities and assets include its four operating coal mines in Alabama, the exclusive rights to a proprietary Coal to Liquids technology which converts coal into liquid fuels (such as oil, jet fuel) at an economical cost with zero airborne emissions and the Buick Coal Project which holds significant coal resources, 188 million indicated and 103 million inferred resources, in Colorado, USA (see the technical report entitled "Limon Lignite Project, Elbert County, Colorado, USA," dated October 26, 2007 and filed on SEDAR on November 2, 2007). Other coal and related opportunities continue to be evaluated on an ongoing basis.
About Midas Letter Money
Midas Letter Money is the show about commodities, energy, and natural resources and the public companies who seek for and develop them. Hosted by James West and distributed to 450,000 installed subscribers to the Thomson Reuters Insider platform, the show is available at insider.thomsonreuters.com or at http://www.midasletter.com
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