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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

Post by slowwhizzon Apr 16, 2012 6:17am
405 Views
Post# 19797614

Met Coal Price Firming

Met Coal Price Firming

Barrons article has thermal coal down but met coal firm at $220 per metric ton.

Dahlman Rose analyst Daniel Scott :

"The good news is that we are seeing indications that met coal pricing may have hit an inflection point, and remain comfortable with our full-year average $220/mt FOB hard cokingcoal price deck..."

https://blogs.barrons.com/stockstowatchtoday/2012/04/13/dahlman-rose-cuts-coal-stocks-estimates-after-stress-tests/?mod=BOLBlog

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