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"CPT's Vista extension provides the potential to increase mine life." (5/9/12) Coalspur Mines Ltd. - Mike Plaster, Salman Partners More >
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Experts Commenting on This Company
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Coalspur Mines Ltd.TICKER: CPT:TSX; CPL:ASXCoalspur Mines Ltd. is a coal development company with over 32,200 ha. of coal leases located in the Hinton region of Alberta, Canada. The company's flagship project is the Vista Coal Project, which has the potential to be the largest coal mine in Canada. |
The information provided below is from analysts, newsletters and other contributors. Please contact the company and visit its website before making an investment decision.
Expert Analysis
Mike Plaster, Salman Partners (5/9/12) "Coalspur Mines Ltd. announced a JORC / NI-43-101-compliant initial coal resource estimate for its recently acquired Vista Extension property, located on the northeast boundary of the company's Vista thermal coal development project near Hinton, Alberta. . .Along with additional resources identified within the scope of the Vista project, this brings the total coal resource for the Vista Coal complex to 1,323 Mt M&I, plus 1,505 Mt in the Inferred category. . .the Vista extension provides the potential to increase the mine life at Vista (and possibly the production rate) through an underground mine operation."
Geordie Mark, Haywood Securities (5/9/12) "Coalspur Mines Ltd.'s maiden resource on the newly acquired Vista extension shows growth potential. . .the newly defined resource along with the soon-to-be-published Longwall mining scoping study on the area clearly defines the potential to add to both the potential operating life of the project, as well as possibly incrementally increasing output capacity by employing operational synergies embedded within the infrastructure planned for the Vista coal project outlined in the 2012 bankable feasibility study (BFS). With a projected operating life of 28 years defined in the updated BFS parameters for the Vista coal project, the aforementioned potential benefits of the newly defined resources on Vista extension, further heighten the strategic value of the company's asset base."
David Charles, GMP Securities (4/30/12) "Coalspur Mines Inc. increased its footprint and added blue sky: While the price paid appears high, we believe this acquisition had to be done. . .not only does this acquisition makes sense due to its proximity and its potential coal resources, we also believe the company potentially had to acquire it or at least had to come to an agreement with the previous owners before construction could start (still expected in April 2013). . .we are reiterating our Buy recommendation."
Mike Plaster, Salman Partners (4/26/12) "Coalspur Mines Ltd. announced the results of an optimization study completed on its flagship Vista thermal coal development project. . .the study demonstrates the potential to increase the annual marketable coal production at Vista to 12 Mt from 11.2 Mt assumed in the feasibility study, through improved utilization of the coal processing plant and enhanced mine planning. . .the higher production rate should improve the economics for the Vista project, which has the potential to be one of the largest export-grade thermal coal mines in North America."
SteelGuru (3/30/12) "Coalspur Mines Ltd. has arranged to increase the amount of thermal coal it exports through Ridley Terminals at Prince Rupert, British Columbia, to as much as 13.5 Mt/year. . .Ridley will allocate an additional 5 Mt/year of the terminal's capacity to coal from the new Vista mine being built in Alberta. . .Vista's output is projected to reach 11.2 Mt/year by 2019."
