SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?


To: Nevada9999 who wrote (123361)7/15/2008 12:38:19 PM
From: Rocket Red  Respond to of 312943
 
BTU also has locked in prices for there coal



To: Nevada9999 who wrote (123361)7/15/2008 1:09:28 PM
From: hank2010  Read Replies (1) | Respond to of 312943
 
I agree with your perspective, Nevada. Elaborating on it, I come back to the amazing consistency between the two holes reported by GXS, despite being one mile apart. I would expect that there will be continuity discovered between these two holes and at least some of the holes in the current drill program. (I am speculating that they will all hit!)

I compare this with AGC where in the current batch of 4 holes on the same section, there is a great hole with intercept of 120m at 3.52 g/t, but the other 3 are 106m of 0.53 g/t, 58m of 0.93 g/t, and no sig, assays. You speak to this concept in your comparison of GXS and AGC with others in each of their peer group.

I have said this before, and do not want to bore people, but I am betting that the Sask. coal discovery will be the story of 2008, and will be recognised as "world-class" in the very short term.



To: Nevada9999 who wrote (123361)7/15/2008 1:17:13 PM
From: Claude Cormier  Read Replies (5) | Respond to of 312943
 
Well I understand what you say. I did not compare size of AGC to GXS at all, just mentioned their relative value per ton.

I agree with what you say. GXS truly has world class potential while AGC has not at this point in time.

But nothing is scealed when it comes to GXS potential of 2-4 billions tons of coal. They could have only 100-200 millions tons and the coal could be worth just a bit more than what the PRB coal is worth (which is less than what the gold per ton at AGC deposits is worth), or could even be worth less. It could be worth a lot more I agree.

I also agree that GSX potential will be reveal very soon, unlike AGC.

The only thing I disagree with is the idea that the market value of GXS which is already $300 millions is a bargain because it will go to $2 billions ($100/share) or possibly a lot more.