Where Would You Spend the Money if You Owned this Railroad?

If you only had so much money to spend, where would you put
the dollars if you owned us?
Today we will find out about some of the history of the mine and railroad
and go over some of the finances that are involved in running an operation
such as we have here at Cumberland Mine.
Operating a coal mine and a railroad involves some major expenses just
to mine and transport the coal. We are making a profit which is fantastic.
Proceeds after the cost of mining the coal and transporting it are
being spend on new capital improvements. And in this video I only went
over a few things they are spending the money on, but they are indeed putting
millions of dollars back into the business. Which is a very healthy business choice.
The game plan is to once again have Cumberland Mine become a world class
coal mine like it used to be. Our management team is committed to achieving
that goal. That will happen, but it takes time and and a lot of money to get there.
But we will do it.
Here is the link to the article in Coal Age magazine about Mr. Thompson
and Cumberland Mine. It is a very good read to find out more behind the
scenes info about Cumberland Mine:
www.coalage.co...
Here is the link to Iron Synergy web site: They are currently hiring new
employees for under ground and for foremen. This is a good place to work,
the work is steady, pay and benefits are good. We need folks who want to
be part of and help build a winning team.
ironsenergy.com/
Made February 28 and March 20, 2023
Disclaimer: I am an employee of Iron Senergy at Cumberland
Mine. My job is railroad track maintenance. I am very fortunate to
have this job and everyone at the mine is very fortunate to have
Iron Senergy as it's current owner. Our past owners had every
intention of shutting this mine down, but Iron Senergy took
over and have kept this mine alive.
Please understand: I am NOT in any way an official or unofficial
spokes person for Iron Senergy or Cumberland Mine. Any viewpoints,
opinions or anything that I show in the videos, or write in the video
descriptions or any answer to any comment, should NEVER be
misconstrued or interpreted as being in any way shape or form,
any kind of official or unofficial statement from Iron Senergy,
Iron Cumberland, Cumberland Mine, any of the mine's management,
any of the contractors that may be shown in any video, nor of
any of my fellow co-workers.
Any viewpoints or opinions I may make in the videos, in the
descriptions, or in any answer to a comment is strictly that of my
own and NOT an official or unofficial statement or viewpoint that
Iron Synergy or any one at Iron Senergy or Cumberland Mine
necessarily has or makes.
Again, we are very fortunate to have Iron Senergy as our current
owners. Please, when making a comment be respectful of Iron Senergy,
Cumberland Mine, my fellow coworkers and also any contractors
that may be shown. Thank You, Dave
#WhereSpendMoney#SpendMoney#IronSynergy#CumberlandMine