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Strategies & Market Trends : Ride the Tiger with CD
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To: Proud Deplorable who wrote (120733)6/28/2008 12:31:23 PM
From: AuBug  Read Replies (3) of 312534
 
"...500 billion..." what? Tonnes? Impossible from 9 holes assuming their twin is at least 600 m away from an original hole. MII for 9 distant holes is 11.5 billion tonnes or so depending on what the actual density is. If their coal is $150/t then Fred's assuming it's coking coal without having done any lab tests. I agree with Hank that Fred is a BSer. GXS.v has such great potential there's no reason to exaggerate.
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