News Focus
News Focus
Followers 6
Posts 1455
Boards Moderated 0
Alias Born 03/29/2011

Re: withlove post# 11182

Monday, 07/11/2011 11:59:01 AM

Monday, July 11, 2011 11:59:01 AM

Post# of 74540
You are certainly correct - there are a lot of things that are unknown at this time.

You are also correct in that GLER does not have to own their own loading/shipping terminal but most (if not all) loading shipping terminals receive coal from various sources and it is sold from there stockpiles to other buyers. In this case GLER has a contract to provide to a specific end user so the coal would have to be completely separate from mining all the way to shipping. The shipping terminals I am aware of would not separate the coal this way. I'm not going to say it is impossible because I am not that certain but I will say it has significant difficulties in doing so.

I agree - time will tell. Past history indicates this can be a profitable play. I would encourage everyone to read charts more than PRs. PR's can be altered/skewed/etc to fit one's agenda; however, charts generally paint a good picture (but in pinky land charts can lie as well!)

Everything I post is my opinion nothing more.

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today