SAN FRANCISCO, March 7, 2012 /PRNewswire/ -- Vista Partners
("Vista") announced today that it published its FREE monthly
newsletter for the month of March. Each monthly newsletter from
Vista contains macroeconomic thoughts from its Principal Analyst,
Ross Silver, and monthly highlights
of each covered company.
In the March Newsletter, Ross
Silver, Principal Analyst at Vista Partners states the
following regarding Colombia Energy Resources, Inc. (OTCBB: CERX),
"Metallurgical-coal price trends are looking better, given signs of
resilient global steel production data (up 1.3% sequentially to
117.1 million tonnes (metric tons)), and domestic production cuts
of Eastern met-coal production (about 2 million tons so far). We
could begin to see prices begin to rise in the second half of
2012." Mr. Silver continued, "According to the IEA,
Colombia is the world's tenth
largest producer and fourth largest exporter of coal, with an
estimated 7 billion metric tonnes of recoverable reserves and 17
billion tonnes of potential reserves. Coal accounts for half of the
country's mining activity, and is the second largest export after
oil. Colombia Energy Resources believes that the initial resource
estimate from their current portfolio could be between 15M-20M
tonnes. A 15M tonne resource should be sufficient to begin mining
at a rate of one million tonnes per year, with the resource
expected to increase as mining progresses, as is typical in the
industry. One million tonnes produce per year equates to over
$200M in revenues at current
prices."
To download the FREE March Newsletter, please visit
http://www.vistapglobal.com and click the "download newsletter"
icon to gain access.
About Vista Partners:
Vista Partners LLC, founded in 2005, is a Registered Investment
Advisor in the States of California and Oregon. The firm's professional staff has
backgrounds in finance, corporate communications and investment
banking. Vista Partners LLC has built a name for itself in the
small cap space due to its selection of profitable investment
ideas.
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We encourage readers to view a complete list of disclaimers and
disclosures on our website www.vistapglobal.com.
Contact:
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SOURCE Vista Partners
