Another point of view about Black Rock. The management of Black Rock is first and foremost dedicated to company after tax profits. In consideration of owning a large stake in BTU, one might ask why? Black Rock is a smart bunch of people. They know if they push very hard on products which reduce the demand for coal, then BTU stock price will be hurt. Ah, but being a BTU major shareholder, why would they do that? Well, they are long term profiters, that is not a generational term, but five to ten years, maybe fifteen. The Black Rock thinkers also know that there is a substantial demand for coal which will not go away. So, they can make their millions in the anti-coal industries, but know that also in the long term, some of those products will become obsolete, or the toxicity of the materials in those products will be worse than say DDT, agent orange, lead laced water, ozone damaging gases, etc. This will lead to the failure of many of those industries. But, Black Rock will see this coming and will be out of those industries when the nation and world comes running back to coal is a major way. But the supply of coal will then will be diminished, and will take years to rebuild. During this period, the price of coal, because the demand for coal will be hugely higher than the supply, will skyrocket and gigantic profits will be made. Yes, there are good business reasons for Black Rock to own large shares of BTU when the price is currently low. They are not think abut BTU profits for a while, it is not time for the profits now, it is the time for buying the stock and putting downward pressure on the stock price.
You watch, over time Block Rock will influence BTU to decline in production, but will work hard to make sure the access to massive coal reserves to maintained and enhanced .
Thank about it. Block Rock long term planners and it's Board of Directors are smart people. Yes, they are. While we are thinking about BTY profits over the next year or two, they are thinking about the swings of BTU stock price ten years from now.
Yes, make a plan and work the plan. Those who fail to plan, plant to fail. Block Rock is always planning a head and working its plans. Welcome to the stock market.
Maybe you will see a new form of railroad locomotion in about five years, owned by Black Rock, and manufactures in industrial plants owned by Block Rock.
There are new forms of power transmission wire manufacturing made with carbon nanotubes. An electrical engineer introduced me to this wire. The wire is both very strong, very efficient, and much lighter than current transmission wire. Will Block Rock be part of this industry too? I have seen and held such products, but are not yet widely available. What is the source of the carbon to make those tubes? What is the major component of coal? Carbon! Carbon in a wire is sequestered carbon, that is, it is in a hard wire form an does not dissipate in the air. Nice zero carbon foot print-- made from carbon.
This are my own views and not meant as any form of enticement to invest in the stock of Block Rock or BTU. You go do your own research and make your own conclusions.
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