SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Value Investing

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Dennis 3 who wrote (47235)3/29/2012 9:55:56 AM
From: NikhilJog  Read Replies (1) of 78702
 
On coal & Nat gas- EKS, i did not realize they are converting part of mines as storage facilities! thats something new I learned today. However, you are correct that with current storage capacities relatively full there is not much room for storage and hence there is a fear that costs are going to fall futher.

However, Paul is correct - fed. govt. favors natural gas and its also much more eco friendly. I was reading somewhere that the use of coal in energy production is going down and getting replaced with Nat gas -however its a slow process.

On China - China contains 3rd or 4th largest Nat. gas reserves in the world, however they don;t have the technology. Instead of trying to buy coal producers, supply coal into china ( which is not that bad in short term), you guys are better off investing in companies that are going to go into china with their natural gas technology and produce it. They will be making tonnes of money in the coming year or two. The process has already started!
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext