Company announcements, including latest quarterly and announcements regarding recent share issue state that they are assessing, or looking for coal projects in Canada....'ongoing project evaluation' is the term i think.
I also believe the CIP link will be worthwhile, particularly given CIP's presence in Canada with Coalspur etc. Not suggesting that this guarantees success - but could be a positive link.
As stated, it's speculation at this stage.
Regards
Doyle
JAL Price at posting:
12.4¢ Sentiment: Buy Disclosure: Held
