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Royal Coal Corp. V.RDA



TSXV:RDA - Post by User

Bullboard Posts
Post by sthgalon Sep 10, 2011 10:59am
499 Views
Post# 19029246

James Hodgins on BNN July 25

James Hodgins on BNN July 25James Hodgins on BNN .....

BUY

0.200

James Hodgins

Likes this one a lot. With any startup project, there will inevitably be some delays. Thinks these are temporary. Tremendous value and upside here.

2011-07-25

TOP PICK

0.230

James Hodgins

An emerging company in the Appalachians of purely thermal coal. Growing production by about 50%. Being overlooked because it is a new listing and also because they had some legacy contracts at lower spot prices. These are rolling off this year. Consider the 50% increase in production plus another 50%-60% increase in their realised prices. Feels the EBITDA they could generate this year is in the $40 million range. No debt.

2011-04-21

Bullboard Posts