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

To: AuBug who wrote (123323)	7/15/2008 10:24:44 AM
From: Claude Cormier	Read Replies (1) \| Respond to of 312968

<Can you back that up with any rational argument?> Well easy. As per last quarter, Peabody is selling its coal for $20 or so. It is possible that GSX coal be of similar quality. We don't know right now. We will find out. So yes, Amarillo gold could (I say "could", we dn't know at this point) be worth more by ton than GSX coal. I retract my statement "...while the coal at GXS would not." GXS coal could (again I say could) be economic at such low value per ton coal. All unknowns, we will find out.