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Bullboard - Stock Discussion Forum Morien Resources Corp V.MOX

Alternate Symbol(s):  APMCF

Morien Resources Corp. is a Canada-based mining development company. The Company’s principal business is the identification and purchase of mineral interests and projects. The Corporation holds two royalty interests on the sale of coal from the Donkin Mine in Cape Breton, Nova Scotia, and a royalty on the sale of crushed stone from the permitted Black Point Quarry Project, in Guysborough County... see more

TSXV:MOX - Post Discussion

Morien Resources Corp > Coking coal prices
View:
Post by cupricity on Apr 27, 2021 1:12pm

Coking coal prices

https://www.argusmedia.com/en/news/2209489-atlantic-coking-coal-prices-rise-again


Looks like the bid is going into coking coal.  With the ESG divisions in the majority of world banks thermal coal is effectively limited to private money.  Coking coal gets lumped into this group so new coking coal mines are going to be severely limited in access to capital. Meanwhile we can enjoy the difference since the money is spent.   
  
  If Nova Scotia gets it act together and gets a few more people vaccinated it will be possibe to come to Nova Scotia in the fall without a 14 day quarantine. Looks good. Especially considering this stock was 20 cents long before the mine was built.
Comment by kidl2 on Jul 31, 2021 9:35am
If coal is dead, then why are ships so full of it? Seaborne coal has been a key driver of 2021’s dry bulk shipping resurgence Amid all the talk of global warming, climate change-induced catastrophes, decarbonization and green finance, the global trade in “dirty” coal is enjoying an ironic renaissance. Bulk ships are busy transporting coal to Asia — and to eco-conscious Europe — boosting freight ...more  
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