GREY:ATIVF - Post by User
Post by
hydra100on Nov 18, 2010 7:50am
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Post# 17722921
Coal
CoalNew uses for coal insures it cannot and will not be replaced soon. Also it is the cheapest method of producing electricity as all infructrure is in place for its use. However we are talking about the US.
Other countries are more concerned with envirorment than US and people are forcing thier govt to turn away from coal. Change is coming but I will be long gone before the next migration to natural gas or be what may comes along in the states.
Envirorment, safety rules etc no one cares as long as it is cheap in the states.
Having a coal mine safety procuct and no big gun behind you, as in Fairmont, is proving to be a disaster for ACT shareholders.
I think everyone on this board is on a death watch for this company. Just waiting for the big announcement.
Do not ask for whom the bell tolls, it tolls for you.