# Pacific Coal Resources Ltd. Announces 2015 Third Quarter Financial Results

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/pacific-coal-resources-ltd-announces-2015-third-quarter-financial-results--b6d02693-28ae-4f92-a8ab-d67237a09da9

Original source: https://money.tmx.com/en/quote/CRC/news/70433792/pacific-coal-resources-ltd-announces-2015-third-quarter-financial-results

Publisher: tmx

Original announcement: 2015-12-15T12:30:56.000Z

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

- Extracted: 2026-09-13 19:31:30 UTC

Narrative sentiment: -0.60 · Bearish

## Minestarters Atlas summary

Pacific Coal Resources Ltd. reported its Q3 2015 financial results, characterized by a sharp decline in coal production and sales compared to previous periods. The company faced operational challenges, including a suspension of activities at the Cerro Largo mine and contract disputes at La Caypa, resulting in an operating loss.

Reasoning: The company reported a significant decline in production and revenue, alongside operating losses and regulatory/environmental setbacks at its key mines.

- Positive factor: Reduction in G&amp;A expenses

- Positive factor: Negotiations for underground mining development at La Caypa

- Negative factor: Significant decrease in coal production and sales

- Negative factor: Operating loss and negative EBITDA

- Negative factor: Suspension of coal exploitation activities at Cerro Largo due to environmental issues

- Negative factor: Termination of coal exploitation contract notice at La Caypa

Facts used in scoring: 2

## Classification and evidence

No classification tags are available.

## 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-third-quarter-financial-results--b6d02693-28ae-4f92-a8ab-d67237a09da9#fact-drill-facts-0)

La Caypa and Cerro Largo · coal

Needs review: drill\_no\_hole\_id

#### Identity

- Project: La Caypa and Cerro Largo
- Commodity: coal
- Region: colombia
- Reported Region: colombia
- Ticker: PAK

#### Geometry

- Intercept: 100480 m

#### Classification

- Sample Type: drill

#### Review

- Needs Review: Yes
- Review Reason: drill\_no\_hole\_id
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2015-12-15T00:00:00.000Z

Reasoning: Production of 100,480 tonnes is a 65% decrease compared to Q3 2014.

- Negative factor: Significant year-on-year production decrease

Evidence · text

> The Company produced 100,480 tonnes of coal in the third quarter of 2015, which represents... a decrease of 65% compared to third quarter of 2014

#### 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-third-quarter-financial-results--b6d02693-28ae-4f92-a8ab-d67237a09da9#fact-drill-facts-1)

La Caypa and Cerro Largo · coal

Needs review: drill\_no\_hole\_id

#### Identity

- Project: La Caypa and Cerro Largo
- Commodity: coal
- Region: colombia
- Reported Region: colombia
- Ticker: PAK

#### Geometry

- Intercept: 176520 m

#### Classification

- Sample Type: drill

#### Review

- Needs Review: Yes
- Review Reason: drill\_no\_hole\_id
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2015-12-15T00:00:00.000Z

Reasoning: Sales volume decreased significantly due to JOA executions.

- Negative factor: Decrease in tonnes sold

Evidence · text

> sale of 176,520 tonnes of coal

#### 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.
