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IBDvalueinvestin (99.68)

If you had Coal in your stockings for Christmas be ready for another 20%-40% gain your coal stocks.

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April 09, 2010 – Comments (1)

 

Xstrata raises coal benchmark by 40%

http://www.businessweek.com/news/2010-04-01/xstrata-raises-benchmark-coal-price-as-much-as-40-update1-.html

 

and restrictions placed on ACI and PCX on Coal removal from Mountain top mines will also cause coal to surge higher here in the USA.

http://www.foxbusiness.com/story/markets/commodities/update-epa-tightens-rules-mountaintop-removal-mining/

 

These are the reasons why I bought a ton of coal shares today.

1 Comments – Post Your Own

#1) On April 09, 2010 at 1:59 PM, Momentum21 (96.14) wrote:

you think NCOC survives? : )

I am obsessed with watching that thing. Kind of like when I got in SIRI at .07...you never want to tempt fate twice though, if you are smart that is...and I have a stupid streak!

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