RE: Spoke to Tom GriffithsDB, this will all take time for RDA to cut down their operating costs before it shows up on their balance sheets! Won't be seeing anything tangible here till Dec, at the very earliest! Remember when RDA and v. CQ were in the 30's during Nov/Dec?? CQ is the coal producing play in Pakinstan. CQ came out with a NR today as they've formed a newly incorporated company, AJK Coal Mining Co. (Private) Ltd., in Pakistan for the exploration and production of coal.
CQ is up 22% today on low volume, but because the shares are tighly held, any movement will result in significant gains (or losses). Right now, CQ is poised for a short run...certainly worth putting on your screen along with RDA! George