"The Coal Sector has been in a bear market for some time but its about to turn and nows the time to get set, in my humble opinion for what its worth"...
I don't think so. I live down the road from these tenements and service a few of the mines around. What I can say is they are in significant cost cutting programs and forecasts don't look to good. a lot of projects have been shelved regardless of quality as the market price is so bad. maybe not in this decade will we see a signficant increase in price. That is from many reports.
i am definitely interested in this stock due to management and positions though as i know the seams they run on and the infrastructure well.
SMR Price at posting:
17.0¢ Sentiment: None Disclosure: Not Held
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