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Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?

To: Rocket Red who wrote (32666)	11/24/2004 1:25:48 AM
From: hank2010	Read Replies (2) \| Respond to of 39344

Thanks to you and Condor for the heads up on Sennen (SN)! Sold some of my Cline (CMK.H) to-day to pick up some SN. I am always nervous about the bubble effect so usually exit too early. However, I think there is still a lot of room for both these companies to move. the following comments are from SH board. "Just watched the ROB TV report where they mention CLINE. Analyst mentioned that the stock compared to the other coal companies, is still undervalued at these current prices. Production set to start next year. Good management!! The .H should drop off sometime this week." "mark lackey of first associates made cline one of his picks today.he said it is still undervalued compared to it's peers and that they will be in production next year." It appears to me that the majors (both oil and mining) have previously explored the known coal deposits, did their drilling, met tests, etc. and feasibility studies. At low coal prices nobody in the corporate structure was much interested, so juniors have been able to move in and get good, drilled off properties. The risk of poor drill results is absent, and as long as China has an appetite and coal prices stay high ......