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Gold/Mining/Energy : Precious and Base Metal Investing

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To: Rocket Red who wrote (32635)	11/23/2004 3:34:33 PM
From: Veteran98	Read Replies (4) of 39344

SN tsx.v The Globe and Mail reports in its Monday edition that analysts are expecting coal prices to soar. The Globe's Tip Sheet column reports that Canaccord Capital says contract coal prices could increase 50 per cent from a year ago to between $80 (U.S.) and $90 (U.S.) a tonne. "There is some speculation that negotiations could be over quickly as steel mills rush to lock in supply for the 2005 coal year," Canaccord said. The price of thermal coal has traded at more than $60 (U.S.) a tonne and more recently in the $50-(U.S.)-plus range; two years ago it was only $22 (U.S.). Plug in some numbers to see what Sennen's coal is worth

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