Post by
JBBminer on Jul 30, 2011 1:04pm
coal miners
comparing TCK results to wtn's mines.
Tck's net profit from their coal in BC was $127/ton
assuming northern mines do 1.8mil tons and southern mines do 2.0 tons
1.8 @ $127= 228mil
2.0 @ $127 (maybe a little low because of the premium they get) = 254mil
Could be some off charges, however they are well managed mines.
228+254=482mil for the 2nd quarter.
482/63mil shares is $7.65 earnings analysis are currently at $4
would be a great catalyst if they hit $6+
GLTA