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Message: Re: GAMBLE - Coal

Apr 07, 2010 03:54PM

Apr 07, 2010 05:10PM

Apr 07, 2010 07:04PM

Apr 07, 2010 07:36PM

Apr 07, 2010 08:37PM

I just copied an article today on coal. Caseys just had a report out that they think coal will be moving. Thermal coal is what is used for electricity amd there is demand for this from the emerging Asian markets. India's coal resources are shrinking and China consumes almost half of the world's production of coal each year. "China and India are out shopping....and undeveloped coal resources from Mozambique to Canada are the hot items."

Coking coal or metallurgical coal is used in refining iron ore and steel. It demands a much higher price.

Unfortunately they didn't give any specific recommendations but I know that the Adens have recommended BTU in the past. hmmmm....maybe some opportunities here


Apr 07, 2010 08:57PM

Apr 07, 2010 09:53PM
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