Riversdale Resources Update

Update on what is no question one of the most important things to happen to the Crowsnest Pass the development of Grassy Mountain by the Riversdale Resources goup. I and anybody that wishes to see the business sector pick up around here certainly hopes this delay of the public offering is short. This article is dated May 10 if anybody finds anything more recent I will be glad to post it.

Thanks to the reader that sent me this information.

Riversdale Resources delays IPO

http://www.afr.com/p/opinion/riversdale_resources_delays_ipo_uZXOxjcE8RoN3P7UUIz6nK

Talking to some folks that work at Teck last night they are anticipating the market will start turning around later this fall, in line with that I was also sent the following article by one of my readers very good read..

Despite its many doubters, the coal industry could soon roar back to life

Following a brutal year.

http://www.canadianbusiness.com/investing/back-in-the-black./

To the two individuals that sent me comments accusing me of trying to blame council for the down turn in the coal market. Stop being so silly, first I reported news that I think is relevant and of interest to some of my readers, and second of course I recognize its not council's fault if the coal market goes in the toilet that would be has stupid as council trying to take credit for Riversdale coming here.

Riversdale Speeds up Australia IPO Plan after Canada Coal Buy

More news on the return of coal mining to the Crowsnest Pass.

http://blogs.wsj.com/dealjournalaustralia/2013/01/11/riversdale-speeds-up-australia-ipo-plan-after-canada-coal-buy/