RE:What gives???I think we touched on this before. A lot of the National Trusts and some big Instatutional buyers are no longer buying anything that has anything to do with coal. And the regular market is either waiting till Morien starts receiving full production royalties or they have simply just not yet noticed Morien.
This summer things should really start to perk up. July will bring royalties for a full quarter,at half production levels, and the end of July or August will see the second continues miner start production. But it may not see the big bump up in price until January 2018 when we see the results of a full quarter of production. If Coking Coal holds above $130 U.S Morien will do just fine. But I believe coking coal will be above $150 U.S and might even creep up closer to $200 U.S.