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Ed Monton

08/04/05 11:56 PM

#211 RE: amarksp #210

Last time I listened to that guy he was talking about how he had great access to financial markets. After that we got the crap beaten out of us and a dilutive financing at less than ideal terms.

Don't ask me to listen to him again. LOL
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amarksp

08/05/05 4:41 PM

#213 RE: amarksp #210

and hopefully any news release does not mention tires (lack of consumables have been cited far too many times!@!!...)

"The global commodities boom has caused a worldwide squeeze on the massive tires needed by mining trucks and other heavy equipment, and officials of the Fording Canadian Coal Trust [NYSE:FDG; TSX:FDG.UN] expressed unease Monday that a lack of tires could deflate production.

''The risk of a shortage of tires continues to be high,'' Popowich said.

''Obviously, a lack of tires will impact the ability to produce coal, and Elk Valley Coal is working hard to prolong tire life at its operations through increased emphasis on haul-road maintenance,'' he added.

''New technologies are also being tested to monitor tire pressure and temperatures at the mines, with some good results. We're also testing a new two-piece tire that has the potential to reduce tire costs in the future.''

The tire pinch is likely to continue for the next year, Popowich indicated, noting that tire makers have said they expect to increase supply in the third quarter of 2006."