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Strategies & Market Trends : Ride the Tiger with CD

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To: hank2010 who wrote (123447)	7/15/2008 7:19:14 PM
From: Rocket Red	Read Replies (1) of 313878

The Border Coal Play new/extended coverage The Border (Goldsource; GXS-V) coal play in Saskatchewan is one of the few bright spots in a difficult market. GXS is up roughly 800% from out initial SD coverage and 270% from initial Journal coverage in May. This has become a bone fide Area Play, with all the potential (and risks) that entails. There are now about thirty companies in the play a number sure to increase if GXS succeeds in hitting thick seams in the follow up drilling that starts in mid-July. That follow up drilling is the reason for the timing of this piece. We think the odds of one (or more) coal deposits of size in this area are good

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