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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?

To: Rocket Red who wrote (118105)	6/11/2008 1:50:22 AM
From: Proud Deplorable	Read Replies (1) \| Respond to of 313600

" The recent coal discovery by Goldsource Mines Inc. of bituminous coal in two drill holes 1600 meters apart , suggests the potential for a much larger coal system. Goldsource believes the coal it encountered is from the Mannville/Swan River Group of Cretaceous age(Goldsource Mines Inc., Release May 5, 2008). Coal structures of the Cretaceous age are generally stratigraphic and can encompass SEVERAL THOUSANDS OF SQUARE KILOMETERS. " With the above quote in mind, think twice before you sell 1 share of GXS. We're probably talking TRILLIONS of tonnes of coal. Enough said." stockhouse.com

To: Rocket Red who wrote (118105)	6/11/2008 9:45:45 AM
From: koan	Respond to of 313600

Thanks red.

To: Rocket Red who wrote (118105)	6/11/2008 8:47:06 PM
From: Canuck Dave	Read Replies (2) \| Respond to of 313600

Hey red, here's a thought for you. We should bust your balls for telling us to sell RAY too soon. That would be cool, don't you think? CD

To: Rocket Red who wrote (118105)	6/13/2008 9:39:47 PM
From: sPD	Read Replies (1) \| Respond to of 313600

Anyone have an opinion on the Phoenix Coal RTO by Marimba Capital? I just noticed that the offering price has now been set at $1.75 and is now closed (at TD Waterhouse anyway).

To: Rocket Red who wrote (118105)	6/17/2008 8:48:41 AM
From: sPD	Respond to of 313600

Sprott Resource Corp. announces PBS Coals has signed letter of intent to enter into business combination with Penfold Capital /NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ TORONTO, June 17 /CNW/ - (TSX:SCP) - Sprott Resource Corp. ("SRC") announced today that one of its investments, PBS Coals Corporation ("PBS Coals"), has entered into a letter of intent with Penfold Capital Acquistion Corporation (TSX-V:PNA.P) ("Penfold") to enter into a business combination with Penfold. SRC currently has a 31.6% interest in PBS Group (defined below). "With the global coal market continuing to tighten, the investment demand for eastern USA coal producers remains strong," said Kevin Bambrough, President and CEO of SRC. "We expect to further increase SRC's shareholder value through the public listing of PBS Coals and the elevation of its profile in the public marketplace." PBS is a private British Columbia Corporation which owns 85% of the equity of the PBS Coals Group of Companies, a privately held group of companies engaged in the mining, processing and sale of metallurgical and thermal coal from their properties in Central Pennsylvania (the "PBS Group"). The PBS Group consists of PBS Coals, Inc. and Rox Coal, Inc., two Delaware corporations, and their subsidiaries and holding companies. The PBS Group currently produces approximately 3 million clean tons of bituminous coal a year from both its underground and surface operations. The PBS Group has initiated a mine expansion program to increase production to 5 million clean tons per year over the next two fiscal years (consisting primarily of metallurgical coal) and to complete construction of its Cambria processing facility. About Sprott Resource Corp. SRC is a Canadian based company, the primary purpose of which is to invest, directly and indirectly, in natural resources. Through acquisitions, joint ventures and other investments, SRC seeks to provide its shareholders with exposure to the natural resource sector for the purposes of capital appreciation and real wealth preservation. SRC is well positioned to draw upon the considerable experience and expertise of both its Board of Directors and Sprott Consulting Limited Partnership (SCLP), of which Sprott Asset Management Inc. is the sole limited partner. Pursuant to a management services agreement between SCLP and SRC, SCLP provides day-to-day business management for SRC as well as other management and administrative services.