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


To: SwampDogg who wrote (120646)6/26/2008 6:33:50 PM
From: Land Shark  Read Replies (1) | Respond to of 312983
 
I'll take my chances. I'm in since $5 and change. I guess you missed it. Too bad for you. No guts no glory.



To: SwampDogg who wrote (120646)6/26/2008 8:26:05 PM
From: hank2010  Read Replies (2) | Respond to of 312983
 
"If the coal market cracks before the drills come in the thing is under $10.
Take a look at NOT to see what happens to bloated stories"


As Mr. Kant said, there is a lot of difference between coal and pm deposits. I shorted NOT - It was a bloated story IMO, and the newspaper which (on the front page)quoted the NOT president as saying it could be another Voisey's Bay was irresponsible. Someone described the deposit as a gold fish frozen in a block of ice, good description!. and they drilled holes at it from every different angle (all aiming at the same point)til it looked like a pin cushion, and folks swooned as each hole was announced!

GXS is a flat lying coal deposit in a flat lying sedimentary unit in flat lying topography. The coal will go between the holes on GXS ground and also onto at least some of the peripheral players. And those vertical holes will be showing true thicknesses, and drilling 100 metre holes should be cheap and fast.

If the price of coal plummets (when oil is $140???) that 22 metre thick coal bed will still be one of the lowest cost producers in the world.

Long GXS, BTT, SWR, SMI, KEX and believe this will be the biggest story of 2008.



To: SwampDogg who wrote (120646)6/26/2008 9:46:43 PM
From: Rocket Red  Read Replies (1) | Respond to of 312983
 
NOT also had 150 mil shares at 1 billion market cap for pods of high grade nickel.

GXS has 20 mil shares OS

we all know the stock can move up and down.

THe bottom line is the end results of a worldclass coal discovery.