RE: RE: RE: RE: RE: RE: RE: RE: HOLD CMKBHP Mitsubshi alliance is moving from qtrly price to monthly - starting 4th-qtr-11 for met coal- CMK has close connection to Mistui - Japan imports more met coal than any other steel making nation. Japanese steel makers will be looking to secure alturnative sources that will offer qtrly prices. Demand for steel from Japanese producers is on the increase. During 2011 - US steel producers dodge a bullet by settling annual coal contracts in Sept - 2011. A sian producers were forced to pay qtrly for contract prices - US Steel makers are going to pay higher prices in 2012 - based on qrtly model implemented last year in Asia. So domestically CMK can market, and internaionally, CMK has the right connections to sell into the worlds largest met coal market., Global steel production has increased 15% from YTD 2010. Looks like they are in a pretty good position to me !