EMB news release... I forgot to post it.... Looks like the wording Cliffs will be using when they make us an offer...JMHO

EMBERCLEAR INCREASES COAL RESERVES; PURCHASES IMPROVE FUTURE COORDINATION OF EASEMENTS, LOGISTICS, AND RECOVERY

EmberClear Corp. has closed several transactions to acquire surface and coal rights adjacent to EmberClear's current mine at the Good Spring IGCC site in northeastern Pennsylvania, United States. Today's actions substantially increase the size of the company's coal reserves by as much as 50 per cent from the present 55-plus million tons.

The company considered various ways to encompass contiguous formations of anthracite coal and real estate so that it could optimize the future value of coal reserves and achieve the lowest production cost per ton in the most ecologically sensible configuration. The newly acquired contiguous geological reserve of anthracite coal should be very similar to the current 14,000-British-thermal-unit-per-pound low-sulphur metallurgical coal located at the Good Spring IGCC site. The real estate surface ownership should better enable future coordination of easements and logistics for accessing the reserves.

"Consolidating a substantial reserve for this calibre of coal under one party's control optimizes the value for such an asset," stated Albert Lin, EmberClear chief executive officer. "We began acquiring local anthracite years ago to achieve certainty in supply and cost of fuel for the Good Spring IGCC plant. After today, the possible future utility of this asset has been enhanced considerably."

Nick Cohen, EmberClear chief operating officer, added: "Large anthracite reserves have become exceedingly rare in this part of the world. The complexities of dealing with multiple titleholders which developed over a period of a century and a half of ownerships made for a long and unpredictable process which we are happy to see culminate in a win-win for all parties."