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0.00% 61.0¢ pike river coal limited

The sp has tanked in the last couple of days. I can understand...

  1. dbrassp
    42 Posts.
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    09/07/08
    08:38
    Post #: 3966268
    The sp has tanked in the last couple of days. I can understand it for a speculator which has found coal, but not for an actual miner (very soon).

    This looks like a bargain to me because...
    1. They have already secured a price for their coal.
    2. Miner to be not a speculator.
    3. In NZ, therefore port problems in Australia will not affect them.
    4. Large resource.

    Anyone know the reason for the current sp?


    PRC Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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