Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?

To: E. Charters who wrote (119652)	6/22/2008 3:00:52 PM
From: maxncompany	Read Replies (1) \| Respond to of 312358

Who cares about anthracite? Only goes for about $275/ton? Especially when there's 2.8 Billion tons. I mean, really. Why would anyone care? :>)

To: E. Charters who wrote (119652)	6/22/2008 3:16:13 PM
From: riversides	Respond to of 312358

you own some...? agree,looks interesting ....

To: E. Charters who wrote (119652)	7/16/2008 9:39:20 PM
From: Amit Ghate	Read Replies (1) \| Respond to of 312358

Thanks for mentioning FT.to a while back. After looking into it a bit, and given what seems to be an environment where majors are trying to lock up sources of high quality metallurgical coal, it seems like a good speculation at less than $100M in market cap. Obviously it doesn't have the near surface and transportation advantages that GXS might, but on the other hand it is (likely) much higher quality coal, whose demand can be from both steel-making and energy, it already has a bankable feasibility study, and it's close to ports necessary to get it to the likely long-term consumer in Asia. The authors of the bfs seem to be the same as for WTN's producing mines (also located in B.C.) which give the study extra credibility in my view. I bought the stock for coal potential, which seems worth more than the current market cap, but as a bonus you also get the NICO project... In any case thanks again for the initial mention.