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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: RJA_ who wrote (6361)5/14/2006 9:41:35 AM
From: Slagle  Read Replies (2) | Respond to of 217890
 
RJA,
I don't know of any Canadian steam coal income investments, but if you find any please post.

You have Fording Coal, FDG which is met coal. There is some issue with the Canadian schoolteachers union selling several million shares that may be part of the reason for the price decline. I used to have this one and look to buy back again but don't know when. Most recent quarter divvy was lower than same quarter last year and I think there is some problem with transport and rising costs.

Then there Great Lakes Carbon Income, GLCIF. I still have this one and at a small loss. They are specialty coal like the material for carbon arc electrodes.

But steam coal is the best asset, and maybe the high sulphur stuff is good with the new processes.

I was in N Georgia in the 1970's and about 1973 went wild over windmills. I was an early member of the AWEA and brother and I built several prototypes, one at least still sitting on a 60 foot tower and capable of operation, developing a special type of low speed alternator for the devices. My day job was engineer in industry but I still managed to waste lots of time on alternative energy. <grin>
Slagle