Hopes and dreams abandoned?Hey stockpaul have you abandoned your great coal investment in Ulaan Ovoo?? Sitting on a Mongolian coal play must be tough (PCY). You have a lot of nerve knocking SCG's financials buddy. Have you reviewed pcy's financials???? Comprehensive loss for the last nine months of $15 million!
Look at current assets versus current liabilities. Wow. And you criticize scg???? Look at their outstanding share count. So far pcy has spent $55 million in investor money and have yet to demonstrate shareholder value. Do you really believe they will get their coal production up high enough to support all that heavy duty opex???
i prefer sticking to investing in my own backyard or a backyard I am more familiar with. I will not even presume to understand a thermal coal business model but I do understand a high margin prepaid card business. Btw I do not take you seriously. As another poster said you provide comic relief. You are a jester in the court of scg lol.