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Royal Coal Corp. V.RDA



TSXV:RDA - Post by User

Bullboard Posts
Post by billybob22on Apr 25, 2011 11:54am
808 Views
Post# 18483146

globe

globe

The Globe and Mail reports in its Friday edition that Curvature Hedge Strategies chief investment officer James Hodgins is keen on Royal Coal(23 cents). Clea Simos writes in The Globe's BNN Market Call column that Mr. Hodgins says Royal Coal is "an overlooked Appalachian high quality thermal coal play." In his general outlook Mr. Hodgins says: "We are generally bearish on the markets over the next 12 to 18 months as stimulus (QE2, etc.) wears off and Chinese cyclical demand slows due to monetary tightening. However, a few sectors, such as agriculture, thermal coal and rare earths should prove to be resilient in the next downturn." The stock has a 52-week range of 10 cents to 36 cents.

Bullboard Posts