buy recommendation, page-3

what the broker forgot to mention was that riversdale still has 65% of those 2 leases on there own and another land holding with multiple times the coal. the stock is cheap at $5. They can print money sub$100 coking coal price. I guess he is saying its dumb cheap anyway. its worth remembering that tata bought that before we had a resource, so its worth multiple times their purchase price. A recent valuation was around $8 and that's discounted. the longer it stays down here, the more likely a buyer will step in. I would love to know who has been soaking the stock up for the last week. The market remains the real problem. the asset is excellent and you can imagine that tata and talbot think so when they paid $9 a share only recently. dyor.