InvestorsHub Logo
Followers 21
Posts 2227
Boards Moderated 0
Alias Born 06/08/2009

Re: kennyjoede post# 1443

Wednesday, 10/21/2009 4:59:26 AM

Wednesday, October 21, 2009 4:59:26 AM

Post# of 2230
I, tend to find, markets are forward looking. Coal mining has much better margins than coal washing - the fundamentals going forward, assuming they execute the mine reopenings, will make a mockery of all those numbers.

Lets throw in the rising price of coal - and the GS projection for higher prices in 2010.

So, I can honestly say the near term pps for PUDA isn't important, providing the mines are going to open - which is the information I have available currently.

rich