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Strategies & Market Trends : Ride the Tiger with CD

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To: Rocket Red who wrote (121116)	6/30/2008 10:27:49 PM
From: hank2010	Read Replies (1) of 312983

Yes, I have been to coal ops in Canada, USA, Europe and Africa. I stand by my comments in post to Traderworld. Remember oil and gas concessions were not open to acquisition for coal when GXS drill hole announcements were made. Everybody had equal chance when the O & G concessions came open. How do you tell the best ground when everything is buried? GXS imo should have the best ground based on first to know their own drill results, but we will only know after the other cos drill theirs. I did note WER core was from drilling kimberlite in 1994. that is why it is suspect. If coal goes from GXS land to WER land, in a flat lying deposit in a flat lying structure, odds are the cos in between will also have coal and odds are quality will be between that of WER and GXS.

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