Mongolian Mining Corp. (MOGLF)

[Ponch73]

My guess is that the Chinese coal import figures are dubious. I don't know how hard it would be to build up the import number by adding up coal exports from other countries (e.g., Australia, Indonesia, etc.). I suspect that such an exercise would shed light on how much China cooks the books, so to speak.

Also, it now seems likely that MMC's weakness after the Q1 results-related sell-off is strongly related to Trump's tariffs on steel imports. China apparently only represents 2-3% of U.S. steel imports, but that number only shows steel directly imported from China to the U.S., as opposed to steel imported via another country (like South Korea, for example).