There's no doubting that of all the coal plays COK is probably holding the better set of buy parameters of the juniors IMO
It has the better product
It has plenty of interest (more volume and trade units in the past 12 months than ever before)
and its at near record lows SP
It is actually a producer and it works hard
But it is selling coal. You might as well be selling the bottom half of mermaids(nobody wants them)
If you're looking/hoping to see an advancement of any consequence in any coal producers you can put down the glasses until 2015. I'm a buyer at these prices. I might also ad I've been a buyer since .40c so what do I know?
But if you were a holder at .40 or even .20c and you believed in the story then...well at .3c or.4c its got to be LLT value. Just have to wait for demand to meet the market and it will but its just a waiting game for coal
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