BRL 3.31% 78.0¢ bathurst resources limited.

coal index

  1. 9,849 Posts.
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    My oversized position on BRL is based on both company specific projects (assuming the B&F had not real case) and macro turning around at some point for old king. Both ducks need to line up for my investment to achieve the my expectations.

    Although the coal and steel # coming out of China were disappointing in May and June there are signs some market insiders are starting to look ahead with Stowe Global Coal Index now +4.65% off its low on 3 July. Trend strength indicators will certainly be worth watching over coming weeks.


 
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