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Strategies & Market Trends : Ride the Tiger with CD

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To: Rocket Red who wrote (122669)7/10/2008 12:11:36 AM
From: Cheeky Kid  Read Replies (6) of 313361
 
First they have to prove its coking coal.

Interest grows in Sask. coal properties
thestar.com
"You can mine coal for $20 or $30 a tonne, but if it's going to cost you $50 or $60 a tonne to transport it to salt water and then get it to your market you're sort of beating your head against the wall."

I think the coal rush will be short lived.
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