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Gold/Mining/Energy : Coal
COAL 22.46-2.5%Dec 8 4:00 PM EST

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From: Dennis Roth9/23/2005 10:06:23 AM
   of 2031
 
UBS, GS JBW Like Rio And Its Thermal Coal

Thursday, September 22, 2005 7:16:56 PM ET
Dow Jones Newswires
newratings.com



0914 [Dow Jones] STOCK CALL: UBS, Goldman Sachs JBWere, on North American broker tour, like Rio Tinto's (RIO.AU) Kennecott energy coal business. Both say well-positioned to take advantage of any price rises. "Coal prices have begun to move up, driven by the surge in oil and gas prices," UBS Says. Both keep Buy rating on stock. UBS targets A$63,00 vs last A$55.50. GSJBW has DCF valuation of A$48.64.(MCE)
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