RE: RE: RE: RE: RE: 85 cents by end of SeptemberHey Prince, not sure if you've checked some of the other coal players, but all of them have taken a beating over the last several months! However, I see the return of the bulls coming during this month as coal gets ready for it's run from Sept - Jan, with Nov-Dec, as the most bullish months of all!
Keep my coal gem on watch this month, v. CQ!! CQ has some good stuff happening over the next several months. Remember, it was a year ago that they came out with their NR about taking over 60% of the coal project in Pakinstan. Price went from .07 - .39 over the past several months and is now slowly making another run as it sits @ .25 right now.
L2 is looking terrific!
The major client of the coal project that CQ acquired is no small potato either: the Fauji Cement Company!
Check out the company: The cement plant operating in the Fauji Cement is one of the most efficient and best maintained in the Country and has an annual production capacity of 1.165 million tons of cement. The quality portland cement produced at this plant is the best in the Country and is preferred in the construction of highways, bridges, commercial and industrial complexes, residential homes, and a myriad of other structures needing speedy strengthening bond, fundamental to Pakistan's economic vitality and quality of life.
Worth a look with stuff happening beginning either later this week or next!
George