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Re: Joe Stocks post# 39493

Thursday, 05/15/2008 12:06:22 PM

Thursday, May 15, 2008 12:06:22 PM

Post# of 77456
BTU - Joe, it seems to be ahead of itself, but check out their latest presentation, amazingly bullish. Their energy reserves are beyond huge, see slides 25 and 26. Of course its coal and merits a big discount, and has big political (global warming) risks. Apparently the rest of the world is not afraid of coal fired electricity generation, but you can't get financing to build a coal plant in the US.

http://www.peabodyenergy.com/pdfs/Merrill%20Lynch%20051408-web.pdf

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