Colonial Coal rating raised to a buy by ValuEngine

Colonial Coal {TSX.V: CAD} the Canadian based Metallurgical coal exploration and development company has received a buy rating from US based ValuEngine.

ValuEngine has sent out their research report and buy rating to investors.




ValuEngine upgraded shares of Colonial Coal International Corp (TSX.V: CAD) from a hold rating to a buy rating in a research report sent to investors.



Colonial Coal International Corporation  Company Profile


Colonial Coal International Corp. is an exploration-stage company. The Company’s principal activities include acquisition, exploration and development of coal properties located in Canada. Its portfolio projects include Flatbed Coal Project, Tuya River Project and Huguenot Coal Project.


Its Flatbed Coal Project is a metallurgical coal project consisting of approximately eight coal licenses covering a total area of approximately 9,610 hectares.


All of Colonial’s licences are located in the prolific Peace River Coalfield in British Colombia, Canada.