TeachMeFinance.com - explain Speculative resources (coal)
Speculative resources (coal) The term 'Speculative resources (coal)' as it applies to the area of energy can be defined as ' Undiscovered coal in beds that may occur either in known types of deposits in a favorable geologic setting where no discoveries have been made, or in deposits that remain to be recognized. Exploration that confirms their existence and better defines their quantity and quality would permit their reclassification as identified resources'.
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