Replies to post #6844 on China Growth Stocks

[GorillaGorilla]

bunky@Coal

I don't know either.

Well, I am hoping that some of the mines that PUDA is acquiring will have some coking ore - they wash coking coal so they are in the right area.

Though I don't think anyone knows what coal the mines contain but you'd think they would mention it if they had some?

rich

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In related matter:

I read an artical a while a go that implied that thermal coal would be next on the importing list.

I know that mine restructuring would affect the supply / demand equation by reducing supply so this might be a temporary reason...

Interesting article I can't read past the first sentence:
http://en.sxcoal.com/NewsDetail.aspx?cateID=177&id=25535

"Coal prices are likely to rise in China during the fourth quarter, fueled by demand, production, safety and seasonal factors."


rich