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Message: Coal: A contrarian's investment

I haven't looked too much into EDR, but I think it might fit the bill. This poster from SH refers to met coal. That might be the stuff. You will have to do more DD. I will aswell. Post pasted below.

RE: Cheap Coal Stock !! from slem7 on ERD board

ERD is very diversified as risk goes, the projects are well defined and advanced.

Xstrata is an excellent partner. Met coal is red hot and has momentum. The quarterly pricing will keep Met coal stocks in vogue for several quarters going forward. If the majors can continue to achieve pricing strength quarter after quarter Xstrata will find a way of advancing to production their Met coal venture with ERD.

The share price seems very bouyant and could do all aatwal is calling for.

Cheers,
slem7

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