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


To: Rocket Red who wrote (120159)6/24/2008 10:05:22 PM
From: koan  Read Replies (1) | Respond to of 312792
 
Well, I missed GXS, but I have all the rest and as long as GXS rises, so will my area plays.

This is coal, not nickel like voisey Bay. So I expect them to find more. As good as those holes and projected coal body is, it is probably not the best holes yet to come.

That would be quite unlikely.

Glad you are on board and hope you hit it big!! You are playing the sure thing. That is always smart!



To: Rocket Red who wrote (120159)6/24/2008 10:06:36 PM
From: Land Shark  Read Replies (2) | Respond to of 312792
 
Peabody has 9.3 Billion Tonnes of Coal Resources spread out all over the place. Their Market Cap is 23 Billion. Do the math and you get $2.5/Ton. Mind you they've got income and infrastructure. So $1/ton would be reasonable IMO.