$74.51
0.00 (0%)
Fording Canadian Coal Trust (USA) (NYSE:FDG.DL)
CAPS Rating:
The Company is an open-ended mutual fund trust. The Trust makes directly and indirectly owns all of the interests of Fording LP. It uses the cash it receives from its investments to make quarterly distributions to its unitholders.
RSS Headlines
Fool UK
Recs
The disparity between what it costs to produce energy based on coal vs other fuels, particularly oil, has grown to the point where it will make a lot of economic sense to use coal more and more, plus I like the currency play of the Canadian dollar vs. the US dollar.