Today you don't normally buy a coal mine. You lease it from the PA county that owns it. When coal was king, coal mines were in private ownership, as demand faded owners did not pay the taxes and just abandoned the property. In many cases the corporation just doesnt' exist anymore. I would be a large expense for a past mine owner to pay the unpaid taxes and interest.JiminBucks wrote:Hey I just had another "crazy idea", Anybody what to buy a Coal Mine?Then as owners we could keep it cheap for us , and make alot of money when the price goes up? Any takers?
That Price no longer stands there are now 130.00 a ton with a limit of one ton you must call first before you go to pick -up coal However there are others breaker's selling for 130.00 and 132.00 135.00 140.00 all the coal you want all sizes There are one or two others for less 125.00 a ton but not worth buying The ash content for the good breakers with Quality coal will run between 7 to 14 % 14 being on the high side The rest will be 7 to 12% ash content You need to know where to goJiminBucks wrote:Well, Coalberner had a place that was selling it for $120 a ton, I'm sure their not making a killing, so the cost has to be less then that here in NEPA. Even some kind of Co-op might be the way to go. Buy in bulk in the off season and load up in advance!
4 Years plus Per load How much coal do you go threw in a year 1 Tri - Axle will be 20 to 25 Tons of coal with a 38 foot trailer it will be 30 Tons PM me If you want infoGENERD66 wrote:I'm in central NY here, I would love to buy a tri-axle truck load. I just don't know the right breaker or trucking Co. to call. If the price was right 2 loads would be nice. 4 plus years per load and the government has'nt put an experation date on coal yet:)
Gene
coal berner wrote:4 Years plus Per load How much coal do you go threw in a year 1 Tri - Axle will be 20 to 25 Tons of coal with a 38 foot trailer it will be 30 Tons PM me If you want infoGENERD66 wrote:I'm in central NY here, I would love to buy a tri-axle truck load. I just don't know the right breaker or trucking Co. to call. If the price was right 2 loads would be nice. 4 plus years per load and the government has'nt put an experation date on coal yet:)
Gene
coaledsweat wrote:Make that 1101! I'm guessing its cold outside?
NEPA Crossroads is a creation of Nepadigital.Com ©2009 • Contact Admin | Terms of Use | Privacy Policy
Powered by phpBB © phpBB Group