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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 368.29+0.6%Nov 7 4:00 PM EST
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To: TobagoJack who wrote (121)8/30/2005 1:07:54 AM
From: energyplay  Read Replies (2) of 217587
 
Hi TJ - You are aware that -

1) FDG produces metalurcical coal, use dto make steel, which sells fro a higher price than steam coal, used for energy.

2) So FDG's prosperity depends on Pacific Basin steel production, essentially in China/Japan/Korea, rather than the use of coal as an alternative to oil and gas.

So you are seeing FDG getting higher prices for met coal, or expanding production some more ?
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