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.

Slightly down in Canada but not worth worrying as a sure long term money maker. As always DYOR....

Cheers,


OracleDBA2004

Excellent trading activities with high volume not seen for a while. This is supplemented with a 6% increase in canada. Expect the same tomorrow in the UK?

Excellent rise today in the UK. However, check the following out as finished higher than normal in Canada:

Symbol Price $ Chng % Chng Volume Exchange*
WTN 3.680 +0.530 +16.83 341,137 T
WTN.WT 0.065 +0.005 +8.33 30,000 T
WTN.WT 0.065 +0.005 +8.33 30,000 T

*VN=TSX Venture Exchange, T=Toronto Stock Exchange

Must be a good'un coming up

Cheers,


OracleDBA2004

PS. Still represents excellent value as there is plenty potential with this gem

Nudging higher and higher. Can't believe how scanky the MM's are. Risen 18% in Canada and only 6% increase in UK. Something must give way....

thanks snobal....u interested in wtn? perhaps there is something that I don't know ;-)

Afternoon all,

Feel the need to bring this to the top of the board as risen over 5% with plenty of buys. Feel there's more to go with this one and certainly represents good value judging by the potential of this gem. Perhaps an RNS to explain of the today's activities?

Cheers,


OracleDBA2004

Evening WTN'ers,

Currently flying high in Canada:

Symbol Price $ Chng % Chng Volume Exchange*
WTN 3.790 +0.200 +5.57 2,156,321 T
WTN.WT 0.065 +0.010 +18.18 50,000 T
WTN.WT 0.065 +0.010 +18.18 50,000 T

*VN=TSX Venture Exchange, T=Toronto Stock Exchange

As suspected, here is the recent RNS:

Western Canadian Coal Corp
06 January 2006


Western Canadian Coal Corp. ('the Company')

Additional Listing

The Company announces that application has been made for 188,300 common shares
in the Company to be admitted to trading on the AIM Market of London Stock
Exchange plc. The shares are being issued pursuant to the exercise of warrants.
The new common shares will rank pari passu with the existing common shares in
the Company. Trading of these shares on AIM is expected to commence on 10
January 2006.

The total number of common shares in issue following these exercises is
83,980,306.

and there's another RNS as follows:

Western Canadian Coal Corp
06 January 2006


Western Canadian Coal Corp.

Schedule 8 - AIM block admission six monthly return

(a) Name of the company

Western Canadian Coal Corp.

(b) Name of the scheme(s)

Company Share Option Plan;
Broker warrants; and
February 2005 warrants

(c) Period of return (from/to)

1 July 2005 to 31 December 2005

(d) Number and class of securities not issued under the scheme

168,578 common shares of no par value under the Company's Share Option Plan and
100,000 common shares of no par value unexercised broker warrants
9,426,230 common shares of no par value unexercised February 2005 warrants

(e) Number of securities issued under the scheme during the period

690,766 common shares of no par value issued under the Company's Share Option
Plan

(f) Balance under the scheme of securities not yet issued at the end of the
period

168,578 common shares of no par value under the Company's Share Option Plan;
100,000 common shares of no par value unexercised broker warrants; and
9,426,230 common shares of no par value unexercised February 2005 warrants

(g) Number and class of securities originally admitted and the date of admission

1,819,000 common shares of no par value admitted on 31 December 2004 of which
1,335,000 were reserved for future exercises of options under the Company's
Share Option Plan and the remaining 484,000 shares were reserved for future
exercises of warrants held by the Company's brokers.

9,426,230 common shares of no par value admitted on 11 February 2005 reserved
for future exercises of warrants issued in connection with the placing in
February 2005.

(h) Contact name and telephone number

Fausto Taddei, telephone 604-608-2692




This information is provided by RNS
The company news service from the London Stock Exchange

Evening WTN'ers,

Plenty of blues today on the screen. Perhaps we see a lift off tomorrow?

As always DYOR....


Cheers,


OracleDBA2004

off to a flyer today. Next week should be a good'un...

Not long to go before this starts inching it's way up ;-)

++++++++++++++++++++++++++++++++++++++++++++++++++++++++++
Press Release Source: Western Canadian Coal Corp.


Western Canadian Coal Announces Third Quarter 2006 Operating Results
Thursday February 9, 9:00 am ET


VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Feb. 9, 2006) - Western Canadian Coal Corp. (TSX:WTN - News; AIM:WTN) ("WCCC" or the "Company") is pleased to announce its operating results for the three months ending December 31, 2005:
ADVERTISEMENT


Financial Summary (unaudited, in Canadian dollars unless otherwise indicated):

- Operating profit of $3.7 million for the quarter ending December 31, 2005 on sales of $9.9 million. Year-to-date operating profit of $19.3 million on sales of $48.5 million.

- Sales for the quarter were 82,979 tonnes of pulverized coal injection ("PCI") coal at an average price of $118.78 (US$101.73) per tonne. Cash costs for production were $70.95 per tonne compared to $72.11 in the prior quarter.

- Net loss for the quarter was $0.4 million compared to a net loss of $5.0 million for the same quarter in 2004. The current quarter's loss includes exploration expenses of $4.3 million, of which $3.9 million relates to WCCC's proportionate share of exploration expenses recorded by the Belcourt-Saxon Coal Limited Partnership.

- Cash used in operations for the quarter was $0.4 million before changes in non-cash working capital items compared to $3.9 million in the same quarter in 2004.

- As at December 31, 2005, the Company's working capital position was $46.3 million.

- Spending on capital equipment and project construction totaled $47.3 million and $80.5 million respectively for the three and nine month periods ending December 31, 2005.

Gary K. Livingstone, President & Chief Executive Officer of the Company will host a conference call and webcast to discuss the third quarter results on Friday, February 10, 2006 at 8:00am PST / 11:00am EST. The conference call can be accessed by calling 416-695-5261 or toll-free on 1-877-888-3855 prior to the scheduled start time. An archived recording of the call will be available for two weeks after the completion of the call by dialing 416-695-5275 or 1-888-509-0081.

A live and archived audio webcast of the conference call will also be available on the Company's website at www.westerncoal.com.

News Release

This news release is prepared as at February 9, 2006 and should be read in conjunction with the Company's 2005 Annual Report and the audited financial statements and notes contained therein. This news release does not constitute Management's Discussion and Analysis as contemplated by relevant securities rules. Western Canadian Coal Corp.'s Third Quarter Report and MD&A for the three months ending December 31, 2005 are filed on SEDAR and are available at www.sedar.com.


Financial Summary - unaudited:(In thousands of Canadian dollars, December 31, March 31,
except tonnes and per share data) 2005 2005
--------------------------------------------------------------------
Cash $ 35,077 $ 115,186
Other current 4,436 7,041
Inventory 22,272 8,831
Total Assets 176,134 149,802Current liabilities 15,445 11,682
Long-term liabilities 9,024 966
Shareholders' equity $ 151,665 $ 137,154
----------------------------------------------------------------------------------------------------------------------------------------
Three months Nine months
ending ending
December 31, December 31,
2005 2004 2005 2004
--------------------------------------------------------------------
Tonnes shipped 82,979 - 406,546 -Revenue $ 9,856 $ - $ 48,500 $ -
Cost of goods sold 6,160 - 29,239 -
Operating profit 3,696 - 19,261 -
Other expenses 5,008 4,979 14,802 7,622
Income tax recovery 929 - 4,936 -
Net income (loss) $ (383) $ (4,979) $ 9,395 $ (7,622)Earnings (loss) per share,
Basic $ (0.00) $ (0.11) $ 0.12 $ (0.18)
Earnings (loss) per share,
diluted $ (0.00) $ (0.11) $ 0.11 $ (0.18)
--------------------------------------------------------------------
Included in the above balances and results are the Company's proportionate share of its interest in and results from the Belcourt Saxon joint venture, as disclosed in note 3 to the interim unaudited financial statements for the nine months ended December 31, 2005.

Revenues

During the third quarter of fiscal 2006, the Company mined 145,917 tonnes of PCI coal from the Dillon mine located within the Burnt River property and realized FOB sales of 82,979 tonnes for total revenues of $9.9 million. The average selling price realized during the period was $118.78 or US$101.73 at an average foreign exchange rate of 1.1676. Lower shipments during the quarter were due to higher customer inventories during 2005 and seasonal reductions in crude steel production. Included in inventory at December 31, 2005 were 233,890 tonnes of PCI coal, of which more than 105,000 tonnes were shipped in January 2006.

Year to date the Company mined 508,159 tonnes and realized FOB sales of 406,546 tonnes for total revenues of $48.5 million. The average selling price per tonne realized for the nine month period was $119.30 or US$98.17 at an average foreign exchange rate of 1.2152.

Cost of goods sold

Cost of goods sold during the three months ended December 31, 2005 totaled $6.2 million or $74.24 per tonne compared to cost of goods sold during the three months ended September 30, 2005 of $11.5 million or $74.00 per tonne. Cost of goods sold includes cost of production, transportation, and depletion, amortization and accretion charges as presented in the table below:


(In thousands of 3rd quarter 2nd quarter
Canadian dollars) 2006 $/tonne 2006 $/tonne
--------------------------------------------------------------------Cost of production $ 2,963 $ 35.71 $ 5,706 $ 36.61
Transportation and
other 2,924 35.24 5,534 35.50
Depletion, amortization
and accretion 273 3.29 294 1.89Total cost of goods
sold $ 6,160 $ 74.24 $ 11,534 $ 74.00
--------------------------------------------------------------------
While the per-tonne cost of goods sold during the third quarter was $0.24 higher than the previous quarter the cash costs per tonne declined by $1.16. Mining operations during both quarters were adversely affected by an undefined fault in the southern end of the Dillon syncline resulting in a decrease in coal reserves of approximately 188,000 tonnes. This decrease in reserves coupled with the concurrent increase in waste resulted in an overall increase in cash mining costs of approximately $14/ tonne as compared to the first quarter of fiscal 2006.

Transportation and other costs include the coal haul from the Dillon Mine to the rail load-out, rail costs including surcharges, fuel allocations, port charges and various surveying and agent fees incurred in loading vessels. For the quarter ended December 31, 2005, total transportation related costs were $2.9 million or $35.24/tonne and were consistent with the unit cost of the prior quarter.

Operating profit

The operating profit for the third quarter of 2006 was $3.7 million. This represented 37.5% of third quarter revenues and compares to an operating margin in the prior quarter of 39.7% of sales. The decrease in operating margin is directly attributable to the change in the exchange rate between the US dollar and Canadian dollar. Year-to-date operating profit is $19.3 million or 39.7% of revenues for the nine months.

Other expenses

Other expenses for the quarter ending December 31, 2005 were $5.0 million and include the following:


--------------------------------------------------------------------
(In thousands of Canadian dollars) Three months Nine months
ending ending
December 31, December 31,
2005 2004 2005 2004
--------------------------------------------------------------------
General, administration
and selling $ 2,612 $ 2,259 $ 9,517 $ 4,746
Coal exploration 4,326 2,899 8,889 3,094
Interest expense 11 - 19 -
Other income (1,941) (179) (3,623) (218)
--------------------------------------------------------------------
Total other expenses $ 5,008 $ 4,979 $ 14,802 $ 7,622
--------------------------------------------------------------------
Included in general, administration and selling costs are non-cash stock-based compensation charges of $0.5 million in each of the quarters ended December 31, 2005 and 2004. Also included in general, administration and selling costs are salaries, benefits, and other remuneration, which increased from $455,000 to $982,000, and professional and other consulting costs that increased from $236,000 to $447,000.

Coal exploration expenditures for the three months ended December 31, 2005 increased to $4.3 million from $2.9 million in 2004. Exploration expenditures for the quarter include the Company's proportionate share of expenses recorded by the Belcourt-Saxon Coal Limited Partnership (the "Belcourt-Saxon Partnership") of $3.9 million (2004 - nil), and relate to properties on which the capitalization criteria have not been met.

Net income

The Company recorded a net loss of $0.4 million for the quarter ended December 31, 2005 compared to $5.0 million in the same period last year. Net income year to date was $9.4 million compared to net loss of $7.6 million in the same period last year. Net loss for the three months ended December 31, 2005 includes the Company's proportionate share of exploration expenses attributable to the Belcourt-Saxon Partnership in the amount of $3.9 million. Net income for the nine months ended December 31, 2005 includes exploration expenses attributable to the Belcourt-Saxon Partnership in the amount of $6.5 million.

Outlook

The Company is constructing a coal preparation plant at Wolverine to handle 3.0 million tonnes of hard coking coal per annum. Initial throughput is expected to commence in July 2006 at the rate of 2.4 million tonnes per annum. Earlier this year, the Company applied to the BC government for an increase in the allowable production at Wolverine from 1.6 million tonnes to 2.4 million tonnes per annum. A decision is expected this quarter. Total capital costs on the Wolverine Project are estimated to be $242 million, including pre-production stripping costs and contingencies but excluding mining equipment. The capital cost of the project is still on budget despite the recent increase in steel and other construction costs and the construction completion date remains on schedule for July 2006. Based on the recent feasibility study, the total value of mining equipment necessary to conduct the mining and stripping operations at Wolverine is approximately $83 million, the majority of which the Company plans to lease and ultimately own.

Cash on hand and cash flow from operations are not anticipated to be sufficient to fund the entire construction costs associated with the Wolverine project. As a result, the Company is seeking additional financing. The Company is continuing to work with its financial advisor in connection with the arrangement of debt financing for the Wolverine project and expects that the project financing will be completed by late March or early April 2006. As a bridge facility to the completion of the project financing, the Company is arranging a loan from its major shareholder, Cambrian Mining Plc, of up to $30 million. In the event that additional funds are not raised as and when required, until such time as funds are made available, the Company may be required to complete further equity financings or seek alternate funding sources to fund part of the Wolverine capital costs.

The mining contractor for the Wolverine project has been selected and pre-stripping is now underway based on a letter of intent negotiated between the parties. The mining contractor and the Company are now finalizing an agreement that will provide contract mining services for a four year term, following which the Company will assume the mining operations. The open-pit mines will be operated and managed by the contractor and the Company will provide overall management and engineering and will operate the coal preparation plant.

During the quarter ended December 2005, the Company announced a 70% increase in reserves of clean coal product for its Wolverine Mine over a previous Technical Report prepared in 2003. The updated reserves for the Perry Creek and EB open pits are 27.7 million tonnes of low ash (less than 8%) high quality hard coking coal. Based on the feasibility study completed, the Company expects an average cash cost during operations of US$53/t in 2005 dollar terms and using the current exchange rate. Pricing for this quality of coal for the current coal year exceeded US $120 per tonne.

Elsewhere on the Wolverine properties, definition drilling has been completed on the Hermann North deposit and geological modeling is now underway. The Hermann North deposit currently has a Measured Resource of 7 million tonnes of coal and an Indicated Resource of 36.2 million tonnes of coal, as reported in a Technical Report filed in August 2001. The recently completed drilling program was designed to increase the confidence of the resource estimate for the property and provide a basis for mine planning and design. Production from the Hermann North deposit would provide additional feed to the Wolverine coal preparation plant.

On completion of the construction for the Wolverine project based on the accelerated construction schedule, the Company expects to produce approximately 1.5 million tonnes of hard coking coal during its fiscal year ended March 31, 2007. This coal will be for sale into the growing seaborne metallurgical coal markets. It is the Company's intent to increase production, following the start of production, from 2.4 million tonnes to 3.0 million tonnes per year from the Wolverine group of properties within 24 months. This increase will come from the inclusion of production from future mining activities at the nearby Hermann North deposit and the Perry Creek underground resource.

A significant factor in the outlook for the Company is the price of metallurgical coal that is influenced by numerous factors beyond the Company's control. The global demand for hard coking coal continues to rise, as crude steel production expands in pace with buoyant economic growth, particularly in China, India and other developing countries. The global supply of hard coking coal has been slow to adjust to increased demand, with a scarcity of higher quality greenfield metallurgical coal properties available for economic development, hampered further by a shortage of large-scale mining equipment. Additionally, rail and port capacity limitations are expected to continue well into 2007. Early settlements for hard coking coal prices for the 2006/2007 coal year are being reported between US$105 to US$115 per tonne. As a result of these strong fundamentals, dominant hard coking coal exporting countries such as Australia and Canada are well positioned to meet the long term demand for metallurgical coals. The Company is also undertaking to secure long-term coal supply agreements with various international steel mills for its Wolverine hard coking coal.

The supply-demand balance for low volatile PCI coal as well as semi-soft coal and thermal coal have been more unpredictable, with the short-term supply surplus influencing prices. Excessive ordering of PCI and semi-soft coals in 2005, in tandem with a seasonal reduction in crude steel production has resulted in inventories of these coals building at customer facilities. Additionally, the price of thermal coal had reached a low for the year at the same time PCI/semi-soft coal inventories peaked. This has led to an over correction in pricing for low volatile PCI and semi-soft coals, with the bulk of settlements for the 2006/2007 coal year now being reported in the mid to high US$60's per tonne range and the latter in the mid US$50's per tonne. The high PCI inventory levels at customer facilities have led to a rescheduling of shipments affecting most coal producers, with the shipment of some 2005/2006 priced coals being deferred until the first quarter of the next coal year. Accordingly, the Company anticipates that approximately 90,000 tonnes of coal scheduled for delivery in this fiscal year will be delivered in the first quarter of the next fiscal year, and that its ultra-low PCI coal shipments for the current fiscal year will be between 625,000 to 675,000 tonnes.

Longer term, the Company believes that the market fundamentals for high quality low volatile PCI coals such as the Burnt River PCI will be sustained and the gap between low volatile PCI coals and premium hard coking coal will narrow. More mills such as those in South Korea and in Europe are increasing the ratio of PCI coals, which should improve demand and lead to prices more reflective of their value in reducing steel making input costs, than their relationship with lower quality coals.

Overall, given the forecasts for continued economic growth and steel demand in Asia, India and throughout the world, the Company anticipates the global steel industry to continue to be strong and that markets for metallurgical coal will stay robust.

Forward-Looking Information

This release may contain forward-looking statements that may involve risks and uncertainties. Such statements relate to the Company's expectations, intentions, plans and beliefs. As a result, actual future events or results could differ materially from those suggested by the forward-looking statements. Readers are referred to the documents filed by the Company on SEDAR. Such risk factors include, but are not limited to changes in commodity prices; strengths of various economies; the effects of competition and pricing pressures; the oversupply of, or lack of demand for, the Company's products; currency and interest rate fluctuations; various events which could disrupt operations; the Company's ability to obtain additional funding on favourable terms, if at all; and the Company's ability to anticipate and manage the foregoing factors and risks. Additionally, statements related to the quantity or magnitude of coal deposits are deemed to be forward-looking statements. The reliability of such information is affected by, among other things, uncertainties involving geology of coal deposits; uncertainties of estimates of their size or composition; uncertainties of projections related to costs of production; the possibilities in delays in mining activities; changes in plans with respect to exploration, development projects or capital expenditures; and various other risks including those related to health, safety and environmental matters.

WESTERN CANADIAN COAL CORP.

Gary K. Livingstone, President and Chief Executive Officer



Contact:
Gary K. Livingstone
Western Canadian Coal Corp.
President & CEO
(604) 608-2692

Fausto Taddei
Western Canadian Coal Corp.
CFO & Corporate Secretary
(604) 608-2692
(604) 629-0075 (FAX)
info@westerncoal.com
www.westerncoal.com


--------------------------------------------------------------------------------
Source: Western Canadian Coal Corp.

Has fallen quite considerably over the last few sessions. Is worth keeping an eye out for a rebound ;-)

Time for a rebound? Fair amount of activity today. Certainly looks dead cheap ;-)

Finished stronger overnight in Canada...

Symbol Price $ Chng % Chng Volume Exchange*
WTN 3.360 +0.230 +7.35 166,805 T

*VN=TSX Venture Exchange, T=Toronto Stock Exchange


Should be a good session tomorrow. Do get in there early and take profits where possible ;-)

WTN looking to rebound. Currently 5+% up in Canada. Will be interesting to see where this finishes as miners share are generally up for the day.

Recent RNS.....

Western Canadian Coal in 109 mln cad convertible debenture financing
AFX


LONDON (AFX) - Western Canadian Coal Corp said it is raise 109 mln cad in an issue of 7.5 pct subordinated convertible debentures.

The underwriters also have the option to sell an additional 16 mln cad in debentures to cover over-allotments exercisable for a period of 30 days after the closing of the offering.

As part of the offering, the company's major shareholder, Cambrian Mining PLC has agreed to subscribe for 40 mln cad principal amount of debentures. Following the offering Cambrian will hold debentures which upon conversion would amount to 10 million shares, taking its overall shareholding in the company to 38.9 pct.

The company said proceeds of the offering will be used to repay principal and interest due under the bridge financing facility provided by Cambrian on Feb 15 2006 of which 20 mln cad is currently outstanding. It will also use proceeds to fund additional infrastructure, plant and equipment costs associated with the company's Wolverine coal mine project in northeast British Columbia and for general corporate purposes including working capital.





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slm



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WTN looking way too cheap now. It's cheap as chips as some will say.

WTN has drifted over the last 4 months, does anyone have any evidence to suggest this is undervalued? I purchased this off the back of a strong rating from the Investors Chronicle??