Buy Liberty Coal Energy Corp

In: Tips

27 Mar 2011

Hello All,

Our new alert is Liberty Coal Energy Corp., LBTG, and the stock closed Friday at $1.02.

Here is some information to get you started.

LBTG is a resource development and production company with current projects based in the Powder River Basin in north eastern Wyoming.

Northeast Wyoming is the United States’ most active coal mining region.  The electricity used by one out of every five homes and businesses in the US is produced from coal mined in Wyoming.

LBTG’s Ranchester property is a 1200 plus acre leased parcel north of Sheridan, Wyoming, and extends to the Montana border. Early indications show the project area to have as much as 50 million tons of contained coal. The majority of it is expected to be open pit mineable which is the most economic way to mine coal

LBTG is currently permitting the 2011 drill program on its Northern Wyoming coal project.

LBTG expects this drilling to commence in early summer when the field conditions are appropriate for equipment access.

This means there should be lots of press releases coming out soon which we all know can really spark a rally.

The United States coal deposits contain more energy than all the world’s oil reserves. As the most abundant fossil fuel produced in the United States, coal contributes to generating about 50 percent of the nation’s electricity.

With the recent Japanese nuclear disaster, most expect to see, at least for a while, a push away from nuclear energy which will lead to a resurgence in interest in clean coal.

As we saw last week investors are turning to coal stocks.

LBTG’s volume has been picking up the last few weeks.

LBTG is about to begin production which should lead to lots of good news in the near future.

The price of coal has been rising over the last year and experts predict this trend to continue.

All this could lead to LBTG trading at much higher levels than it is now.

Get ready to book your profits with LBTG.

As always, do your own research, always use stop loss orders to protect yourself, and book your profits when in a position to do so.

Good Trading

Comment Form

*



Categories