Well Goodmorning Bringiton, I wanted to buy some more CNX last week, but Mr S would have chopped my head off if I did.LOL From my readings,The big boys of the coal seam industry need guaranteed amts of gas reserves to make an export industry that will be viable.
Therefore,I think the take overs and partnerships in this industry will continue so they can be assured of those commercial reserves of gas supply, then will come the next phase of infrastructure and sales contracts. Maybe CSM and UCG will become friends???
I think CNX with their underground coal gassification will be part of the move in this emerging industry thats here to stay.
regards, Mrs S.
CNX Price at posting:
32.0¢ Sentiment: Hold Disclosure: Held