Post by
marketsense on Apr 14, 2022 9:29pm
Have a look
At WTE over the last year. I switched a little out from ALA to WTE as there is way
more torque in WTE. ALA has done good but WTE hit the jackpot over the oil sanctions
with Russia. Its that dirty old coal business coming back to haunt the likes of Greta and our own JT but countries and industries need cheap sources of energy.
Coal is flying off the shelf as fast as it can be produced. Teck has also scored big being
Canadas major producer. Funny how all the ivory tower eco proponents have gone
kind of silent all of a sudden and dirty oil and dirty coal are in massive demand mode.
They were both shunned as the worst anti ESG on the planet and yet those industries
have made investors more money than any other sector. Life is perverse and investing even more so.
MS