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Novadx Ventures Corp NDXFF

"NovaDx Ventures Corp is a mining company engaged in the exploration, development and recovery of coal. The company's operations are principally directed towards the Rex No."


GREY:NDXFF - Post by User

Comment by ResourceMineron Apr 12, 2012 3:11pm
127 Views
Post# 19787229

RE: met vs thermal

RE: met vs thermal

Further, not many people know the difference in specialty coals. If you look at the primary market for the REX coal, is small, maybe  2-300k tons per year. The rest of the production could go met in a tight market, otherwise it will end up going thermal. 

Right now the met market is weak, so hopefully it will improve as REX gets into production, otherwise, NDX will be sellling a lot of the coal in to the thermal market. 

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