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CEO hasn't yet confirmed the presence of coking coal at its 8...

  1. RedLion22
    346 Posts.
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    03/05/11
    00:31
    Post #: 8343141
    CEO hasn't yet confirmed the presence of coking coal at its 8 untested licences, however coking coal industry dymanics continue to strengthen

    http://www.bloomberg.com/news/2011-05-02/arch-coal-agrees-to-acquire-international-coal-in-3-4-billion-transaction.html

    Arch Coal Inc. agreed to buy International Coal Group Inc. for $14.60 a share in an all-cash transaction valued at $3.4 billion to become the second-largest U.S. metallurgical coal producer.

    Coking coal transactions still ripe and happening, RIO/RIV not long ago, now to the USA

    Next destination: Mongolia!
    CEO Price at posting: 5.5¢ Sentiment: ST Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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