Post by
Raven88 on Apr 02, 2010 11:36am
coal production
Demand for coal is going up worldwide...US China need it bad. It is the cheap energy source of the future, cleaner and more efficient than it used to be coal will be the new energy source pushed by big buisness, media and govt (already is watch CNN talk about energy independence thru coal etc...). Probably why NAG switched from Uranium exploration in Ontario to Coal production in Kentucky last year. Good decision so far...liking the increasing production....and that our coal is Blue Gem!
Comment by
Raven88 on Apr 02, 2010 11:39am
uranium prices came down so much last 2 yrs I like managements decision to go to something with more upside (coal) and that we are producing at these prices makes NAG a steal imho