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Cline Mining Corporation T.CMK



TSX:CMK - Post by User

Post by bond46on Apr 26, 2012 9:56am
42 Views
Post# 19838118

Re: Met call is the gem to invest in

Re: Met call is the gem to invest in

It's pretty well common knowledge that ever since China tightened in Jan.2011, met coal went into a recession. and now is coming back out. Thisis the early stage of the Bull market in met coal. China went into a buyers strike in order to reduce the cost of its vallue added product, steel. Due to wages rise and high input costs of the raw materials , iron ore and met coal, china steel became uncompetitive and the Chinese went on a buyers strike. The question is how long they can afford to keep the strike going. Not very long. The other thing is that investing in one of the essentials of making steel, met coal, it gives an advantage over those who invest in the ready product, steel. Raw materials cut across all national boundaries and the market is worldwide and not country bound, like the end product, steel, is. So cheer us, you made the right decision to invest in raw materials.

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