# Pacific Coal Resources Ltd. Announces 2015 Second Quarter Financial Results and Operational Update Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/pacific-coal-resources-ltd-announces-2015-second-quarter-financial-results-and-o--51c3397a-062d-405e-9710-ec863d5008bd Original source: https://money.tmx.com/en/quote/CRC/news/67017751/pacific-coal-resources-ltd-announces-2015-second-quarter-financial-results-and-o Publisher: tmx Original announcement: 2015-08-31T11:30:35.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Pacific Coal Resources Ltd. - Ticker: PAK - Exchange: TSX - Region: Colombia - Primary commodity: Coal - Secondary commodities: None reported - Document categories: Drill results, Production, Agreement transaction - Extracted: 2026-09-13 19:32:02 UTC Narrative sentiment: -0.60 · Bearish ## Minestarters Atlas summary Pacific Coal Resources reported a net loss of $7.15 million for Q2 2015, driven by lower coal sales and declining realized prices. Despite the financial downturn, the company entered a debt restructuring agreement with Masering and is negotiating the potential purchase of the Cerro Largo mine. Reasoning: The company reported a significant net loss and declining revenues/prices, though it successfully restructured its largest debt and is pursuing strategic asset acquisitions. - Positive factor: debt restructuring agreement with Masering - Positive factor: reduction in G&A expenses - Positive factor: potential purchase of Cerro Largo mine - Negative factor: significant net loss for the quarter - Negative factor: deterioration of international coal market - Negative factor: decrease in coal sales and realized price - Negative factor: operating margin turned negative Facts used in scoring: 2 ## Classification and evidence **Nearology Play** Polarity: neutral Story-specific tag Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: The company's value is tied to its specific coal assets in Colombia \(La Caypa and Cerro Largo\). Evidence · text > engaged in the acquisition, exploration and production of coal and coal-related assets from properties located in Colombia. ## Extracted facts Stored fact records: 2. Some facts used in scoring do not have a stored record. ## Drill Results (2) ### Fact 1 [Link to this fact](https://atlas-extractions.minestarters.com/news/pacific-coal-resources-ltd-announces-2015-second-quarter-financial-results-and-o--51c3397a-062d-405e-9710-ec863d5008bd#fact-drill-facts-0) coal Needs review: drill\_no\_hole\_id #### Identity - Commodity: coal - Region: colombia - Reported Region: colombia - Ticker: PAK #### Geometry - Intercept: 238241 m #### Classification - Program: other - Sample Type: drill #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2015-08-31T00:00:00.000Z Reasoning: Production volume is down year-over-year but shows slight sequential growth. - Positive factor: 7% increase compared to Q1 2015 - Negative factor: lower than Q2 2014 and Q2 2013 levels Evidence · text > The Company produced 238,241 tonnes of coal in the second quarter of 2015 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### Fact 2 [Link to this fact](https://atlas-extractions.minestarters.com/news/pacific-coal-resources-ltd-announces-2015-second-quarter-financial-results-and-o--51c3397a-062d-405e-9710-ec863d5008bd#fact-drill-facts-1) coal Needs review: drill\_no\_hole\_id #### Identity - Commodity: coal - Region: colombia - Reported Region: colombia - Ticker: PAK #### Geometry - Grade: 68.3 - Grade Unit: $ #### Classification - Sample Type: drill #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2015-08-31T00:00:00.000Z Reasoning: Realized price has dropped significantly due to international market conditions. - Negative factor: significant decrease from $95.39 in Q2 2014 Evidence · text > average realized price of $68.30 per tonne #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.