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Bullboard - Stock Discussion Forum Active Control Technology Inc ATIVF

GREY:ATIVF - Post Discussion

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Post by hydra100 on Nov 18, 2010 7:50am

Coal

New uses for coal insures it cannot and will not be replaced soon.  Also it is the cheapest method of producing electricity as all infructrure is in place for its use.  However we are talking about the US.

Other countries are more concerned with envirorment than US  and people are forcing thier govt to turn away from coal.  Change is coming but I will be long gone before the next migration to natural gas or be what may comes along in the states. 

Envirorment, safety rules etc no one cares as long as it is cheap in the states. 

Having a coal mine safety procuct and no big gun behind you, as in Fairmont, is proving to be a disaster for ACT shareholders. 

I think everyone on this board is on a death watch for this company.  Just waiting for the big announcement. 

Do not ask for whom the bell tolls, it tolls for you.

Comment by DAM$ on Nov 19, 2010 2:05pm
The growing economies of the world will demand more and more coal for years to come.The following is from a press release about the from the 3.4 Billion dollar acquisition of Western Coal Corp Earlier this week an official with the China's coal association said the country's demand for coal will continue to increase in the next five years and is expected to reach 3.8 billion tonnes in ...more  
Comment by badactor on Nov 19, 2010 2:32pm
It doesn't matter a lick how much coal is being mined if nobody buys ACT's system PERIOD ! Act is not a miner of coal but a system provider.Expect this price action by institutions to continue into tax loss selling season to tidy up their books IMO only not intended a investment advice unless your a masochist looking for more pain.
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