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


To: Rocket Red who wrote (120718)6/27/2008 12:13:12 AM
From: Proud Deplorable  Read Replies (3) | Respond to of 312542
 
"Fred told me people have it wrong.
docmz1
6/26/2008 4:24:27 PM | | 216 reads | Post #23505452



The coal they have is 150 $ per tonne ! He corrected me when I implied it was 15 $. He said add another zero to that and that's the price per tonne of the kind they have. Very exciting indeed !! He said WHEN they hit the coals in the 7 holes and prove up a reserve, it will turn a lot of people's heads. This is just based on only 7 more holes !! Funny thing is, he emphasized WHEN in our conversation ! He said not IF but WHEN they hit the coal in the 7 holes...he was very CONFIDENT. Phone him yourself, if you want to confirm. We also was tossing around some numbers and as ludicrous as they may seem now 500 billion is a conservative estimate on the initial 7 holes as you'll see that we probably haven't hit the BEST coal intercept YET. Which in itself is mindboggling !"

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