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Re: Rames post# 62729

Thursday, 12/09/2010 11:34:29 PM

Thursday, December 09, 2010 11:34:29 PM

Post# of 94785
SGZH...Thanks Rames. I noticed in the "Production Numbers" chart you posted this morning that the strongest Q by far for Xing An was Q1. Production #'s from Q1 2008 & 2009 (2010 was under construction) were very strong. Add that to the big jump in Q4 2010's estimated sales & profits, the fact that the brokerage business is much stronger than it was back then, and this comment made last year by SGZH's president..."We expect, however, these mine improvements will improve efficiencies and lower costs and greatly enhance our growth and profitability once completed in 2010"...
...and I can't help but think SGZH is a STRONG hold heading into next year. But you never know. Only time will tell. We'll see how things look when they report FY2011 Q1 results in May.
Rames, Thanks again for your time and feedback today.

SGZH coal for Christmas...


The information posted by 2morrowsGains is opinion only and should not to be taken as investment advice.

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