GREY:NDXFF - Post by User
Comment by
carderoon Feb 22, 2011 4:04pm
407 Views
Post# 18175664
RE: My latest blog - featuring NDX
RE: My latest blog - featuring NDX
Here's my latest blog - featuring NDX:
https://www.stockhouse.com/Blogs/ViewDetailedPost.aspx?p=112679
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Hey Jim, if you are looking to cover additional TSX Venture coal companies, then I suggest you look at an emerging story that is about to take off in eastern Saskatachewan involving three junior coal explorers where the story is just developing and a great new thermal coal area play is likely
where 85 metre coal has been discovered in a few holes and the thermal coal deposits looks destined to be processed in a new coal-to liquid plant. The three coal explorers trading on the TSX Venture with lots of property all bordering each other:
Westcore - WTR
Goldsource - GXS
Saturn - SMI
The stock seeing the most recent gyrations is SMI with volume way up and stock tripling and falling back in last month. The other two stocks don't have a big float at all which may explain why they haven't moved too much and have no volume to speak of and there is a fourth player 49 North (FNR) that has an interest in GXS.
This is the makings of a hot new coal story and area play and check out Saturn's site -
https://www.saturnminerals.com and
https://westcoreenergy.ca for some info on what is developing in SK. Saturn looks like they are about to start drilling on their property a few hundred metres away from WTR's 85m discovery and have just signed an LOI with the several First Nations communities that will surely facilitate getting approvals...to get the coal out of the ground...