Couldnt find a thread that covered this one, so here goes.

Im adding it to my bisi coal shares as the Chinese and India Economic Industrialisation process gathers more pace. Coal prices are rising by the day and some of the contracts signed worldwide are twice what they were at this time last year. I do hear that there is a lot of news flow to come from WTN so this should move the price along upwards throughout the year.

There appears to be no stopping for WTN in Canada and on our own market.

Check out the the latest news on http://www.westerncoal.com as Western Canadian Coal Obtains Six-Year Purchase Commitment from POSCO and Western Canadian Coal Appoints BNP Paribas as Project Finance Advisor for Wolverine recently. Let's hope that this little gem will brighten spirits for all.

DYOR.

cheers GF.

Western Canadian Coal Loads First Coal Ship

Vancouver, B.C. January 13, 2005 - Western Canadian Coal Corp. (TSX-V: WTN and AIM: WTN) ("WCCC" or the "Company") will begin loading its first coal ship at Ridley Terminals, Port of Prince Rupert BC on Thursday, January 13th 2005. Upon completion of loading, the "M/V Pacific Success" will sail for South Korea where POSCO, one of the world's foremost steel producers, will use the Company's Burnt River pulverized coal injection (PCI) coal to make steel.

"This is a significant day for our company and we are very pleased and proud of this accomplishment," said Gary Livingstone, President and CEO of the company. "Thanks to the good work of a lot of talented people, the supply chain needed to deliver our coal to the world is now complete and it is operating smoothly. We also wish to acknowledge the important role played by the provincial government and its regulators in helping the Company achieve this important milestone."

WCCC currently has more than 250 million tonnes of coal under exploration and development planning in British Columbia. The Company is focused on the development and production for the international markets of 5 million tonnes of coal per year by the end of 2009, comprising 2 Mt/annum of PCI coal and 3 Mt/annum of hard coking coal.

For further information

Western Canadian Coal Corp., Gary K. Livingstone at (604) 608-2692 or info@westerncoal.com, Website: www.westerncoal.com

Down a little in Canada tonight. Never mind itl come back and its nice to get a bit more back bone into my portfolio.

cheers GF.

A nice rise this morning hoing it will be sustained.

cheers GF.

Starting to look strong.

cheers GF.

Ready to move up on the next leg.

cheers GF.

I think you are on to another good one here GF

Thanks Troys, lets see how it goes this afternoon in Canada,

cheers GF.

Where do you get a Canadian quote for this?

Edit: Oh, here it is: www.westerncoal.com.

Yup on their web site and its up.

cheers GF.

Down slightly at the beginning of the day over in Canada, but usually is.

cheers GF.

Nice to see this one on the up.

cheers GF.

Making up some ground today

Yup a great end to the week all round.

cheers GF.

Finished up higher in Canada.

cheers GF.

LONDON (AFX) - Western Canadian Coal Corp posted wider three month losses as a result of compensation expenses in connection with stock options and deferred exploration and development costs.

For the three months to Dec 31 2004, the company, which listed on AIM last October, made a net loss of 2.08 mln usd compared to a loss of 0.36 mln a year earlier.

The company said it produced 53,700 tonnes of coal in the period, and although it began coal mining operations at the Dillon mine in British Colombia in the quarter, no coal sales had been made to that date.

It added it received last month an Environmental Assessment certificate from the government of British Colombia for the production of 1.6 mln tonnes of clean metallurgical coal a year on the Perry Creek and EB open-pit properties over a projected 11-year period.

'Further, the company applied for a mining permit on the Perry Creek open-pit in November 2004 and expects approval in early 2005,' it said.

'The estimated marketable coal for the Perry Creek and EB open-pits are 15.6 mln tonnes of metallurgical coal and 0.3 mln tonnes of thermal coal.'

WCCC also completed a placement in February raising 115 mln cad.

For the nine months, the company recorded a net loss of 4.53 mln usd compared to a loss of 1.11 mln for the same nine-month period in 2003.

bam

Are you interested in Porvair PRV ..Goldfinger?Looks interesting to me with the increase in mining that will happen now that reserves are down from coal to gold.

Please enlighten me Ethel.

cheers GF.

Hi ethel, not sure what you are geting at???????????????????????.

Anyway nice to see this one back in the blue.

cheers GF.

Hi Goldfinger.Am interested in coal mining as it ran in my family!There seems to be more interest in coal mines recently so I was pleased to see this post.Re.Porvair.They are a specialist filtration and advanced materials group who signed a 20mln.dollar long term agreement with a leading US coal gasification operator,SG Solutions LLC.Under the terms Porvair will supply critical gas filters to the SG Integrated Gasification Combined Cycle Generation Plant in Indiana.IGCC plants convert coal or petroleum coke into synthetic gas,which is then used to fuel gas-fired power stations.The US has 25% of the world's coal resources but less than 3% of the world's oil and natural gas.Porvair shares stand at 117.50p...bid117,offer118.Forecast growth for 2005=4.60eps,26.52p/e,exp.eps growth plus 24%.Digitallook brokers give it a strong buy.My target is 160p.Have a look and tell us what you think.Anything to get away from Uranium!!!Ethel

Thanks for clarifying this one ethel. It does look like you are onto something here I always thought porvair were in the fuel cell business. Going to do a lot more research. That P/E looks high but its not the forward one is it, any idea what the P?E is for 2006?

cheers GF PS Western Canadian Coal doing very well so far today.