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

To: Claude Cormier who wrote (122723)7/10/2008 10:42:18 AM
From: Land Shark  Read Replies (2) | Respond to of 314704
 
Another thing re. PRB coal, Peabody tends to have 2-3 year contracts supplying coal at a certain price. They are lagging the prices they can get under current spot markets in other areas. I'm sure we all recognize that the price of coal will go up from here given the supply shortages experienced in China and other places. I wouldn't apply the $21/ton price for GXS's resource.


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