RIV 0.00% $16.20 riversdale mining limited

billy gatess besides riv what other coal stock, page-4

  1. 5,609 Posts.
    i did like AQA for a while and its now done a bonus share and is about to spin off some of its assets.I don't own any stock in it now. MCC was great buying in the low teens, but thats history now. Looked at COK, but its fully priced imo right now. The current companies that i like are POS and OEX. both are very well run and have undervalued assets imo. These companies seem very likely to rerate soon and POS may have already started. RIV has done very little over the last 6 months while other coal stocks took off. Look for RIV to go through $10 and head towards its old highs. Coking coal is a great place to be and super assets like this will either get taken over or continue to perform. Its Indian partners and close prox to Indian make this a very obvious play for the majors. Everyone focused on iron ore and yet there is a very clear lack of quality coking coal plays around the world.dyor and good luck.
 
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