Got this from short term trading site just show how Australia is gearing up for a export boom in coal. no wonder smart money(us lol) is buying stocks like HUN. Get ready get set go I think especially with all the drilling hun has planned.
an excerpt from 'The Australian' newspaper 3/3/10 ""Warning against wage claims Sid Maher From: The Australian March 03, 2010 12:00AM
THE Rudd government has warned mining unions not to use a coming coal production boom to mount wage claims that undermine productivity, as new figures indicate a coal export bonanza over the next five years.
Resources Minister Martin Ferguson told The Australian yesterday wage claims were one of the domestic challenges confronting the industry amid predictions massive increases in coal-fired power generation in China and India would propel the industry to the biggest export boom in the nation's history over the next five years...''
the rest of the article goes on about wages and unions, see; www.theaustralian.com.au/warning-against-wage-claims/story
HUN Price at posting:
54.0¢ Sentiment: Buy Disclosure: Held
