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Bullboard - Stock Discussion Forum SouthGobi Resources Ltd V.SGQ

Alternate Symbol(s):  SGQRF

Energy
SouthGobi Resources Ltd. is a Canada-based coal mining, development, and exploration company. The Company holds six mining licenses in Mongolia. The mining licenses pertain to the Ovoot Tolgoi Mine (MV-012726), the Soumber Deposit (MV-016869, MV-020436 and MV-020451) and the Zag Suuj Deposit (MV-020676 and MV-020675). The Ovoot Tolgoi Mine, strategically located approximately 40km from the... see more

TSXV:SGQ - Post Discussion

SouthGobi Resources Ltd > Sky Rocketing Coal Prices
View:
Post by 500wedge on Sep 13, 2021 8:16pm

Sky Rocketing Coal Prices

Premium hard coking coal, fob DBCT @ $362/tonne, today, up $29/t from Friday and up $55.8/t from Thursday (up 18.2% in past 2 days).... Hard coking coal, fob DBCT @ $300/tonne, today, up $30/t from Friday and up $45.5/t from Thursday (up 17.9% in past 2 days)....
Comment by baranja on Sep 14, 2021 9:26am
Insane prices of coal.  This one can be 50 bagger.  China's economy is based on coal.
SouthGobi Resources Ltd
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