RE: RE: RE: We're in a sweet spot Highlander, right on all counts, and you made the same comments I did when I first chatted with my friend re: his call with Roling. Before my friend made the call, we'd be chatting about NDX and he'd keep quoting me thermal coal prices, and I kept telling him, those don't matter, we have met coal, and it's used for manufacturing steel. Well, according to Roling, there is some sort of correlation between thermal and met coal. What, I can't tell you, I'll follow up with my friend, but his comment was that Roling said they are somewhat related. It could be something as simple as, thermal and met coal prices have a positive correlation, e.g., economic growth tends to lead to thermal and met coal prices increasing.
In respect of your second point, I'm not sure if you followed some of the fall out in the US after the election, but here are three examples of Romney supporters reacting to the Obama win:
- Papa John's said they would raise the cost of their pizza by $1.50 - $2.00 to "cover" the cost of Obamacare (even though its actual added cost is estimated at a fraction of that)
- The largest private thermal coal producer in the US called its employees together, said a prayer to Jesus, then fired 115 employees (because of the Obama win)
- Donald Trump urged US citizens to march on the white house (lol)
So, I wouldn't put it past a small consortium of Romney supporters to pull out of a private placement because of an Obama win.
Good points though, maybe you should give Roling a call!