GREY:CPYCF - Post by User
Comment by
minor007on May 23, 2010 8:23pm
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Post# 17125664
RE: ?? ?? may not happen
RE: ?? ?? may not happenIs your glass half full or half empty-maybe you would be better off with the bank stocks- This thing has risks but they have a million plus cash and a few million in the JV plus 2.5 million Copper Mtn shares that will be worth 5$$ each in a year and a half. Market cap is 16 million. Lots more coal on the Island-Interesting Vitol bought HLB and are expanding and thats thermal coal. (Vitol is one of the largest coal traders in the world.) Do you really think you know more about coal than LG or Itochu -they knew the coal quality and environmental risk before they signed up. These are huge companies. People in BC are getting sick of no good jobs because some tree hugger peddles his nimby crap. All the water in Vancouver is filtered through coal in the new water treatment plant. (Don't tell the West Van folks) The Elk River runs right through the middle of three coal mines and it is one of the cleanest rivers in BC. (Except for the sewer thats pumped into it by Fernie) Its been running through coal mines for 100 years. Coal mining is one of the single biggest taxpayers of any industry in BC and there are thousands of $100,000.00 a year jobs associated with it. It would be nice to be like Greece then we could all retire with a Govt. pension at 51. Now I got that off my chest I am happy-wine time.